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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (5133)12/16/2002 5:53:54 PM
From: Smiling Bob  Respond to of 19256
 
The headlines covering it all
Investors should ignore the facts and hope for a brighter 2003.
My problem with this whole scenario is that there are still too many occupied storefronts. Retail space commanding top dollar, and still hasn't kept up with RE prices. You'd have to sell cocaine to afford the rents at many places. Past recessions included abundant vacancy signs. We've gotten nowhere near that point, yet there's a brighter future for the economy in 2003?
More like record vacancies and bankruptcies in 2003, as soon as retailers finish liquidating their already lean inventories.

Retailers Bank on Last-Minute Sales
Reuters
Stocks Up as Investors Look to Next Year
Monday December 16, 4:31 pm ET
By Herbert Lash

NEW YORK (Reuters) - Stocks rallied on Monday as investors brushed aside signs of lukewarm spending during the critical holiday shopping season and looked to a year-end rally and 2003, buying shares beaten down by two weeks of declines