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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (56507)10/28/2008 7:22:07 PM
From: Oral Roberts  Read Replies (1) | Respond to of 57110
 
Companies have some pain to pay yet, myself included. But that isn't the market and far be it from me to tell you what to do but I would not be short here:) There has been a fair amount of pain and even if there is more to come it won't be a straight line to the depths of hell IMO:)

I personally think a person might be wanting to lesson their exposure short and look at adding exposure or at the very least prepare to add exposure long.

I'm only tossing this around market wise because I think our bailouts and other bullshit suck the big one for the long term but that really is beside the point stock wise.



To: MulhollandDrive who wrote (56507)10/28/2008 7:40:57 PM
From: stomper  Read Replies (1) | Respond to of 57110
 
datapoint: my sister in law runs a small boutique at a high price point (think $150 jeans, Orla Kiely bags, Tocca dresses, etc...). Had their biggest month in Sepetember since opening three years ago. She has to go to market soon and has no clue how to buy for next season between mixed signals of the obviously faltering consumer and her own store sales.

Meanwhile, two miles away. A very well known resort on the Northeast Coast of FL is about to file bankruptcy.

Weird doings all around.