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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (42624)	11/10/2008 11:20:12 PM
From: prosperous	Read Replies (1) \| Respond to of 217710

>>Jim Chanos, manager of the short-only Kynikos Associates, is up 53.2%. What's Chanos shorting now? "We are short all of the satellite and most of the cable companies in the U.S."<< Why are satellite and cable companies such attractive targets for being short at this point? is it from an expectation that the consumer will completely upside down and can't afford them or from systemic problems with the comapany's business model? One would think the consumer would make friends with all the entertainment channels when they are laid off and jobs are hard to come by :-)

To: TobagoJack who wrote (42624)	11/11/2008 2:18:13 AM
From: dybdahl	Read Replies (1) \| Respond to of 217710

Going to a restaurant or a hotel doesn't necessarily mean "spending heavily". The level of luxury that we have right now, is immense - and many are converting much bigger expenses to expenses in travel, restaurants and similar.