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


To: robnhood who wrote (34928)12/3/1998 10:15:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Russel; EDIT BTW
republic.net
note the stores are packed, stuff all out on the streets,
thoes cars are as far as they can go..
but they have a 30% inflation rate.

Re >>I can't quite believe the amount of stuff for sale in the stores.. One can hardly get through some of the aisles anymore. <<
I see that too, and so much of it is pure junk, but let me tell you
in the open air markets of some third world countries even the
streets are closed to traffic, and the amount of goods is there too..
still they have big time inflation.
-------------------
but will it stay that way...
I did say wait till the inventories get sold down, they are cutting
and laying off people and production from chips, to shoes. It's
takes some time, but the writing is on the wall.
Jim