Sonic Money is a sounding board for my personal investments strategies and stock research. It will be updated in real time. As I make moves in these financial waters you will be able to either join in or watch from the sidelines. Either way my goal is to make money every day through picking long term stock winners, shorting stocks that shouldn't be posting gains, betting on sectors that are experiencing tremendous growth, and posting profits that make people take notice.
Saturday, November 24, 2007
When Black Friday Comes
I woke up this morning thinking, "When does the retail market take responsibility for the slumping sales they are sure to incur?"
My thought is that there is no IT gadget or product this year. You discount a piece of coal to $.01 but nobody wants a lump of coal for Christmas!
I am not bitter because I only made a few pennies instead of the large profit I could have made if I cover it one day earlier, I am placing the buck where needs to placed. Stop whining retail sector and invest in some innovation.