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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (54868)9/7/2001 4:51:17 PM
From: Tradelite  Respond to of 57584
 
They were buying a little of all types...exotic beers, beer in 12-packs. It's in an expensive zip code....so no jug wines just yet, but lots of corks. (ahem).

Just seemed incredibly crowded for mid-day. Never seen all cash registers open with a line. Of course, I connected the brisk business to the stock market's performance <gg>

Shoulda driven across the street and checked out the crowd at the state beverage control board store---sales of the hard stuff probably increase by 20 percent with each 200-point drop in the Dow.



To: Bucky Katt who wrote (54868)9/7/2001 5:21:57 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
William, spending slowing on middle class luxuries, IMO . . .heard from a banker today that he is offering the best loan rates in years and he has no takers. The only loans being signed are 2nd mortgages on homes to cover debt. This is in middle America. He says, "people are holding on to their money with both hands until they see where the economy is headed."

Not so much a "lack of action" on HOME thread. . as a move. . . . not posting as much on SI during market hours . . . but we now discuss the markets in real-time each market day in the DayRaiders room [free to public]. . . you can get there via this link: raiders.insighters.com . [Those without a Login Name may sign on under "New User" and immediately get a password sent via email. . . then login and click CHAT to enter room.]

"Bumpsteer" sees things from bearish perspective, so we get good point-counterpoint thing going there. I'll be in DayRaiders every market day next week. . . sending invitations for everyone to join us there next week . . . It would be great if you would stop in . . . post your thoughts and your trades.

Rande Is