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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Live2Sail who wrote (169461)12/6/2008 7:43:46 AM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
I filled up last night in Phoenix for 1.71. Streets are jammed here......



To: Live2Sail who wrote (169461)12/7/2008 12:01:09 AM
From: Pogeu MahoneRespond to of 306849
 
Boston $1.59



To: Live2Sail who wrote (169461)12/7/2008 2:51:25 AM
From: energyplayRead Replies (1) | Respond to of 306849
 
Retail in Silicon Valley - I went by Stanford Mall at around 2 pm today. The front of the mall near El Camino was pretty full, about 98%, but without the usual pack of cars circling.

The side of the Mall near Nordstrom was only 30% full on the North side. Normally, this should be between 70% and 90% full.

I walked into the first floor of Nordstrom's. The area with men's shoes had four salespeople, two of whom were not busy.
The rest of the men's area had few customers.

The women's shoe area is on the first floor. The area for teenage girls - cute but inexpensive shoes - was moderately busy. The "salon shoes" area, with very high end shoes, had two or three customers. The whole middle area, for career women, everyday, etc. had very few customers, and at least five sales people standing around.

I then did a quick survey of the rest of the floor.
Normally, there should be at least one person in line to pay somewhere on the first floor - I did not see anyone having to wait, and there were idle salespeople in several areas.

>>> My conclusion - fear has arrived in Silicon Valley.

Premium gas dropped from $2.33 to $2.17 in about 6 days.
That's almost 3 cents a day.



To: Live2Sail who wrote (169461)12/8/2008 6:05:32 PM
From: YogizunaRespond to of 306849
 
Yes, gas prices have come down dramatically since the peak, but it has given many a dangerous false sense of security as "peak oil" increasingly stares us in the face.
We have to keep working on breaking our oil dependency no matter how low the price goes.... To do otherwise would be very insane.