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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: tdl4138 who wrote (92166)1/6/2010 8:45:43 AM
From: fred woodall5 Recommendations  Read Replies (2) | Respond to of 94695
 
Please I see signs of recovery all over your just not looking.

I see people at the bank waiting in line with heavy bags of rolled up coins.

I saw an attractive woman yesterday unloading a computer out of her BMW 750I. She was carrying it into a pawn shop.

I walked into a Home Depot and the staff say hello and how can I help you. First time I experienced this I nearly passed out on the floor.

At least three people every day walk into my business asking for employment. I’m talking qualified people with hunger in their eyes. Year ago we couldn’t get anyone to even show up for a position.

We had to put locking gas caps on all of our vehicles. We have had three incidents where someone has been siphoning gas from them. All at different locations.

Nearly half of the public trading companies we do business with now pay between 30 and 60 days. Some take up to 90 days. We did a job for Chase Bank back in early Nov. and still haven’t been paid but I notice if I am even one day late paying my Chase Business Credit card I get a $39. Late fee. One of the advantages of being too big to fail.

I know of six companies I have been dealing with since the late 80’s that have closed down in the last six weeks. One of those businesses tell me their retail sales is down 60% from the previous year and this Christmas selling season is the worst they have ever had since they opened in 1964.

About 20% of the businesses in our area have gone to 3 -4 day work weeks.

I am so bullish on this recovery I am strongly considering buying more gold this month. youtube.com

If you have doubts on the recovery all you have to do is watch two hours of CNBC every day for a week and you will be reformed. They mention the word, "recovery" every 30 seconds.