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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (90154)	9/3/2009 8:09:47 AM
From: fred woodall	Read Replies (2) of 94695

23 of 26 retail store reports are bearish. Not only is the consumer not spending but most of them are on life support financially. Abercrombie & Fitch Reports Aug Sales Fell 23% Fred's Inc August Comps Down 1.4% BJ's Wholesale Club Reports August Sales Results August 2009 decreased by 6.0% Dillard's August Sales Fell 14% To $431.1M >DDS With 70% of the GDP being the consumer I don't see this market doing much up. This is mainly shorts piling on top of each other.

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