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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (50799)5/8/2006 9:28:50 PM
From: Earlie  Respond to of 116555
 
Earlie from Earlie:

Silicon Graphics stock drops 80% following company statement that it intends to file for bankruptcy "to reduce its debts ..... "

We will see this scenario repeated many times in the coming months

best,
Earlie



To: Earlie who wrote (50799)5/8/2006 9:32:55 PM
From: Steve Lokness  Read Replies (5) | Respond to of 116555
 
Earlie;

< the coming demise of the US consumer appears to be an event that all the rabbits in the world will not hold back.>

So other than housing which has already taken a hit, where do you buy puts? Maybe restaurants? Maybe HDI? I know OSI has complained about making money lately. If people can't afford to drive, one of the first hits might be more expensive places to eat?

Steve


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