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Strategies & Market Trends : Commercial Real Estate tic.............tic,,,

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To: Perspective who wrote (234)6/26/2009 12:32:10 PM
From: Smiling Bob   of 442
 
The retailers are in for a world of hurt
There is no way around it.
Added some GMCR puts today, but it isn't stopping
Need to avoid the short squeezers. Not worth the frustration
Everything retail I'm looking at is positive, but DOW/SP not. Just more of the usual insanity. Something has to give with force.
Will be adding longer term DIN puts, if price gets reasonable
need to replace rebates w vouchers

May incomes surge, but savings outpace spending
Households push savings rate to 15-year high as May incomes rise by largest amount in year

* By Martin Crutsinger, AP Economics Writer
* On Friday June 26, 2009, 11:01 am EDT

WASHINGTON (AP) -- Households pushed their savings rate to the highest level in more than 15 years in May as a big boost in incomes from the government's stimulus program was devoted more to bolstering nest eggs than increased spending.

The higher savings rate is healthy in the long term, economists said. But without vigorous consumer spending, the government may have to do more to revive the economy, possibly through further tax breaks and spending.
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