Did some last minute shopping on this shortened trading day. The malls were empty. The high end stores sales people looked desperate. I wanted to give my money to them instead of the man ringing bell with the salvation army cup.
With that being said I think shorting retailers is a no-brainer when the man rings the bell on Wednesday ( I think trading resumes then). I also think that buying anybody associated with Digital Picture Frames or buying Garmin stock is win.
I will see what I can find over this holiday weekend. Oh yea PBR is gaining large and spending the money wisely. Just read some of the news on PBR and let me know if you think this company will break $200 in 2009.
Merry Christmas
Showing posts with label shorting retail. Show all posts
Showing posts with label shorting retail. Show all posts
Monday, December 24, 2007
Saturday, November 24, 2007
Retail Sector Up 18% but profits expected to be thin
That was the word mummering from the cash registers at most retail stores. I think its a shorting season on Retail. If the consumer is going to blindly keep spending when everyone and their mother sees a recession coming then we may be in for a long recession...
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