SI
SI
discoversearch

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 : Future Schlock!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (1)8/25/2006 12:36:19 PM
From: monette01  Read Replies (1) | Respond to of 34
 
Hi TD,

Yes I agree. Pier 1 has been languishing for years and I expect this will hasten their demise. My RR stocks have held up pretty well and they can pass on fuel surcharges and move more tonnage for less. I have no immediate plans to sell CNI or CSX but not buying either -- actually buying nothing right now --not even more oil.

Also re Peter's memo on housing and your reply -- there is a bright light shining on the appraised house as an ATM/EQUITY machine as well. And yes, we will all pay for it in one form or another. We just let our rate lock expire on our construction loan and opted to renew within 30 days thinking it was better than paying a fee for relock extension which is .25 higher today. Praying to the rate gods.

PS: My friend is receiving warm and outstanding care at MDA -- she has gone through radiation and chemo pills and with the help of her MD brother in law, has followed a special diet -- pomegranate juice, etc. She looks wonderful and says they (MDA) bring her to the front as an example of someone who is doing all the right things. She has not missed a single day of work (causing some co-workers grief)!

Best regards,
Monette



To: Arthur Radley who wrote (1)8/31/2006 9:14:17 AM
From: Arthur Radley  Read Replies (1) | Respond to of 34
 
Not that Penney is a major furniture retailer, but this supports my contention that furniture sales will be declining in the future..

CHICAGO (MarketWatch)08/31/06 -- J.C. Penney Co., Inc. said Thursday that sales at stores open for at least a year declined 0.5% in August, hampered by weaker furniture sales, but reiterated its earnings forecasts for the third and fourth quarters.