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

To: Giordano Bruno who wrote (221699)	9/22/2009 9:54:18 AM
From: ChanceIs	Read Replies (4) \| Respond to of 306849

>>>Redbook retail sales<<< So ummmmm......like.....Dude. So...like...if same store sales are down....like .... you know....another 2.6% ....like....ummmm...like why the f&%k....is...like...f'ing...Macy's off like a f'ing rocket????????

To: Giordano Bruno who wrote (221699)	9/22/2009 11:05:30 AM
From: Smiling Bob	Respond to of 306849

No wonder retailers are up Are "investors" really more fearful of missing further gains than protecting 50%? And what do these all-knowing "investors" use to so amazingly determine the bottom of the brief sell-offs? Be there or be square? The market appears to be following a well established pattern, where brief selloffs are met with more buying as investors fear missing out on a continued rally. With stocks up more than 50 percent since bottoming in March, analysts have been forecasting a pullback, warning that uninterrupted gains are unsustainable. However any dips in recent weeks have been moderate and short-lived. finance.yahoo.com --- Highlights Redbook, like ICSC-Goldman, reports mostly disappointment in the Sept. 19 week. Redbook's tally shows a 2.6 percent year-on-year decline vs. a 1.9 percent decline in the prior week. Redbook said back-to-school sales were mixed as the season winds down, noting special weakness at department stores. But it said discount stores did well as consumers stick to basics. Both Redbook and ICSC-Goldman say traffic has slowed. Today's chain-store reports raise questions over the strength of September non-auto non-gas sales. Definition A weekly measure of sales at chain stores, discounters, and department stores. It is a less consistent indicator of retail sales than the weekly ICSC index. It is also calculated differently than other indicators. For instance, figures for the first week of the month are compared with the average for the entire previous month. When two weeks are available, then these are compared with the average for the previous month, and so on. It might be more useful to compare year-over-year figures since these are indeed compared to the comparable week a year ago. This index is correlated with the general merchandise portion of retail sales covering only about 10 percent of total retail sales. Why Investors Care