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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (19238)	10/2/2004 9:27:58 AM
From: russwinter	Respond to of 110194

WMT reports a Sept sales turd over the weekend. 2.3% is negative in inflation adjusted terms. It can't be hurricanes, feeble excuse, I mean don't people have to replace damaged household items. First thing I'd do if I came back to a wet, moldy house with shredded toilet paper on the floor, is you guessed it, go to WMT and buy more TP, that's a basic. Reuters Wal-Mart's Sept. Sales Up 2.3 Percent Saturday October 2, 9:21 am ET CHICAGO (Reuters) - Wal-Mart Stores Inc. (NYSE:WMT - News) on Saturday said sales at stores open at least a year rose 2.3 percent for September, near the low end of expectations, according to its preliminary tally. The world's largest retailer had forecast a same-store sales increase of 2 percent to 4 percent for the five weeks ended Friday. Wal-Mart said the sales were an estimate and subject to change due to accounting reconciliations conducted after the period end. Bentonville, Arkansas-based Wal-Mart said the strongest categories continued to be bedding, electronics, food, pet supplies and sporting goods. The company also cited sales of televisions, DVDs and DVD players as strong sales items. Wal-Mart said that cool weather in the prior year made comparisons difficult and that the U.S. South and West were the strongest regions for the week. The sales report Saturday is an early look at September sales for the U.S. retail industry. Most retailers will report sales Oct. 7.

To: mishedlo who wrote (19238)	10/2/2004 1:52:38 PM
From: russwinter	Read Replies (4) \| Respond to of 110194

James Turk excerpt in this weekend's Barrons. If anyone has the full text it would nice. He has a book coming out year end, "The Coming Collapse of the Dollar". It seems to be largely gold oriented though, I don't need help there, need it in forex: amazon.com Where to go to get great forex insight? I'm going to get completely out of the USD especially if there is a bogus rally after the employment numbers, and I don't want to use just gold. Time's a wastin, though, where do I do business, how about overseas? What currencies and instruments to use? I'm tempted to even start a thread just for this topic, but there just doesn't seem a depth of knowledge that's very real high, even in our community here? I'm getting frustrated. James Turk: "Americans have to start positioning themselves by thinking globally. They have to start opening brokerage accounts overseas, owning foreign currencies that they are comfortable with and generally expanding their horizons beyond the US and diversify their assets outside the US."