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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (15399)	3/13/2011 4:13:57 PM
From: NOW	Read Replies (3) \| Respond to of 219193

buy the dip? think so patriotic buying effect

To: GROUND ZERO™ who wrote (15399)	3/13/2011 8:10:08 PM
From: robert b furman	Read Replies (1) \| Respond to of 219193

Not sure how it works in a more major event. When Rita came through Texas,land fall was in Beaumont (70 mile from dealership). We lost power for 9-10 days.I had a generator and free coffee at our quick lube on day 3 after the Hurricane hit - we di two quicklubes and 5 cups of coffee. Every one was looking for gas ,cash,ice if you were lucky beer. Grocery stores were sold out before it hit - shelves bare !! THERE DEFINITELY IS A LAG - WHERE BASICS ARE FOCUSSED ON. The government gets it together after about a week. Private volounteers are there immediately. The local grocery store brought in semi's of ice and water by the gallon. They GAVE them away with limits per person - huge goodwill opportunity. GM gave cars to FEMA for gov't use. There no doubt were gougers. I remeber day 10. I had the dealership cleaned up and was replacing the last of the ceailing tiles and suddenly the lights went on. That was a Friday as I recall. We opened the next monday and some were still out of town. Our county had been in a mandatory evacuation zone. When that happens people scatter for quite long distances. I'm sure many are going inland and meeting up with friends /family. So in the worst disaster I've seen and it was 100 miles by 300 miles of devastation it took 10-14 days and people were buying and fixing up at max speed. Not sure about Japan but Home Depot and Lowes have a specific plan on how to move what into a hurricane damaged area. In fact they preposition semis outside the damage area and after it passes they're in from the beginning. My bet a dip is a great buy. Note the open is right now and they've started down 4%. Bob