Thursday, November 02, 2006

The break remains to be seen

Well, today wasnt to telling. No conirmtion of sellers yada yada yada. Look, right now the thing that is goign to push the market one way or the other is the retail numbers Same store sales. My shop things they are going to be bad - partially becase they were so strong over the last few weeks. GAP today reported terrible numbers, same with WMT and TGT while up was weak. If the consumer shows a dent maybe that will be the tipping point.

There is no doubt the economy is showing do you make money off of it is the question. Me? I think buy volatility. Ive thought that for a while - but its so cheap that even if you take a few shots and fail when it does spike youll make some nice cash.

And also, Borat opens tomorrow which will be the greatest movie ever.


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