Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (23994)	12/6/2001 10:16:17 AM
From: orkrious	Read Replies (3) \| Respond to of 209892

tippet, I sure liked that article. A tidbit: Without auto sales in the equation, October retail sales grew 1% following an abysmal September performance given the realities of that month. It simply would have been hard to comp poorly against September. Our choice of vantage point is rate of change: Eliminating the year over year virtual zero reading of September, October year over year rate of retail sales change is about as low as anything seen since the early 1990's. Moreover, retail discounting in advance of the important Christmas selling season has been tremendous. Discounting may help positively influence sales over the remainder of December, but it is certainly not doing much for the bottom line of retail corporate America. Likewise the implicit cost in 0% auto financing does not exactly suggest vibrancy in the bottom line characteristics of auto manufacturers ahead. Is the blue sky crowd possibly mixing up the meaning of sales versus profits?