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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (46618)11/14/2008 2:20:50 PM
From: Jill  Read Replies (1) | Respond to of 57684
 
Good point. Still, the bad news is relentless, so...



To: fedhead who wrote (46618)11/15/2008 8:54:04 AM
From: Jill  Read Replies (1) | Respond to of 57684
 
Remember when you were so annoyed I bought some crox -g.
You were basically right although it gyrated.
Can you imagine buying some leap puts or shorting it at the time it dropped from 72 to 53 or whatever that initial "warning" drop was of a change in sentiment. I guess you could retire its only a little over a buck today.

OTOH of course, there are other stocks that gyrate wildly up and down like FSLR. But I guess those are not "fad" type sectors. We do need solar power going forward. We don't need plastic shoes...(sorry Lizzie I know you love your Crocs).

Its interesting to me too that WFMI is doing poorly and imo will continue to fare worse. A huge 50,000 sq foot store is due to open in my neighborhood in 2009. But WFMI is very expensive and really morphed over the years to cater to, in a sense, the whole bubble market. Their organic section got smaller and smaller. In harder times people are more likely to shop in bulk at discount places like Sam's Club, and forego organic or high priced produce whose prices are really about the atmosphere of the store you're shopping in (although I will still eat organic).