Shoppers Ain't Really Shopping: Spin City

Quote from turkeyneck:

The obvious bet is usually wrong?
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Exactly. as one famous trader once said:
"if it's obvious, it's obviously WRONG".

My logic was that if the job market was so bad, retail would remain weak as well. But it appears the market is reassessing this situation right now....and climbing that proverbial "wall of worry".
 
On one hand seems like every time I am out and about I get stuck behind somebody with a bunch of stuff they just bought in the back of their pickup or tied to the roof of their SUV. So I guess that could mean more big purchases.

But on the other hand, maybe it means more people can't afford delivery.
 
Quote from syswizard:

Exactly. as one famous trader once said:
"if it's obvious, it's obviously WRONG".

My logic was that if the job market was so bad, retail would remain weak as well. But it appears the market is reassessing this situation right now....and climbing that proverbial "wall of worry".
More...

The data, Sears' own data, shows really soft sales.

Markets can and do act irrationally, sometimes for protracted periods of time (i.e. housing, dot.com stocks, tulips, etc.)

The softer side of Sears...
 
Quote from ByLoSellHi:

Markets can and do act irrationally, sometimes for protracted periods of time (i.e. housing, dot.com stocks, tulips, etc.)
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. . . irrational. . . solvent. . . Keynes. . .
 
All this negativity and doomsday posting becomes quite a yawn. Financials are up today over 2%. The market shows no sign of giving up it's risk orgy. Hell, even AIG is up over $4...haha.., yet day in and day out I come to this site to see the same posters with their end-of-the-world prophecy and what we should expect for the future.

It would certainly seem you are all more wrong than right.
 
even a dead cat would bounce after falling from a 50 floor highrise.

Quote from Ivanovich:

All this negativity and doomsday posting becomes quite a yawn. Financials are up today over 2%. The market shows no sign of giving up it's risk orgy. Hell, even AIG is up over $4...haha.., yet day in and day out I come to this site to see the same posters with their end-of-the-world prophecy and what we should expect for the future.

It would certainly seem you are all more wrong than right.
More...
 
Quote from Ivanovich:

All this negativity and doomsday posting becomes quite a yawn. Financials are up today over 2%. The market shows no sign of giving up it's risk orgy. Hell, even AIG is up over $4...haha.., yet day in and day out I come to this site to see the same posters with their end-of-the-world prophecy and what we should expect for the future.

It would certainly seem you are all more wrong than right.
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You are always so wishy-washy with your comments. You always leave an out for yourself.

You got caught with your pants down big time when the mighty crash happened, didn't you, and you were probably making the same asinine comments just prior to then as you are now.
 
Quote from ByLoSellHi:

You are always so wishy-washy with your comments. You always leave an out for yourself.

You got caught with your pants down big time when the mighty crash happened, didn't you, and you were probably making the same asinine comments just prior to then as you are now.
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Perhaps you've heard of these things called "Stops"?

As long as I have tight stops, I'd rather be right every day for a year and wrong once than perpetually wrong like yourself, miss out on opportunities but be able to say "See!! I told you so!!" that one time.
 
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