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CarmineD


Joined: Dec 31, 2007
Points: 5894

Big Hit on the US/World Markets
Original Message   Jan 21, 2008 2:11 pm
Early news reports in the USA are saying the London financial markets nosed dived today in the worse downturn ever.  This comes on the heels of a 4 percent drop in the Dow Jones Industrials last week alone.  Since today is a Federal Holiday in the US in observance of Dr. Martin Luther King the financial markets are closed.  Not sure what impact the London market fall will have on the US markets--have to wait to see.

What and how long will it take jaydee to realize that he needs to enter the low to middle price range vacuum market to stay competitive in the USA in the big box stores' venue?

Any news yet on the 2007 dyson sales? 

Carmine D.

This message was modified Jun 27, 2008 by CarmineD
Replies: 33 - 42 of 217Next page of topicsPreviousNextNext page of topicsAllView as Outline
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #33   Feb 29, 2008 7:00 pm
HARDSELL wrote:
If you can't find it just tell us.  My review is not relevent to this subject.  I would expect no less than for you to try to twist the subject.



My good fellow and friend:

The review of the Royal Eminence is more relevant to this Forum than redundantly posting a thread from August 2005 which was a side bar [read unrelated to vacuums] on another Forum that is now defunct.

Or is it easier for you to criticize others'  vacuum commentaries than to originate your own? 

Carmine D.

HARDSELL


Joined: Aug 22, 2007
Points: 1293

Re: Big Hit on the London Markets
Reply #34   Mar 1, 2008 9:44 am
CarmineD wrote:
My good fellow and friend:

The review of the Royal Eminence is more relevant to this Forum than redundantly posting a thread from August 2005 which was a side bar [read unrelated to vacuums] on another Forum that is now defunct.

Or is it easier for you to criticize others'  vacuum commentaries than to originate your own? 

Carmine D.



Go back and see how all this BS started before you cast stones.  You always want proof.  Now I would like to see yours.

Lies, half truths and deceipt deserves criticism. 

CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #35   Mar 3, 2008 2:39 pm
HARDSELL wrote:
Your imagination is amazing.  When did I say that groceries gave Wal Mart an edge?   Now that you mention it, why wouldn't they?

About the only thing that I can recall is saying that Wal Mart is not a high end store.  Neither is Target or BB or CC.

Lots of changes in 2007.  K Mart may jump ahead in 2008 or 2009.  Who knows? 



Kmart won't, my friend.  Not in 2008 and more than likely not in 2009.  Why?  Kmart and SEARS are the same now.   You don't recall but the August 2005 thread [I mentioned on another thread on this Forum] between CPro and I included SEARS and KMART which had just merged.  SEARS didn't offer any full year forecasts.  But it's presumed to be worse than previously expected as a result of worsening conditions.

The word on the street is to look for SEARS to have a yard sale soon.

Chairman Edward S. Lampert, a hedge fund manager, will [it is believed] be forced to sell off the underperforming SEARS and Kmart stores.  Why?  SEARS needs the cash from the sales of the land and stores.  SEARS/Kmart has 3400 stores in the US and 380 in Canada.  Lampert will also approve other retailers selling it's highly regarded brand name products like Kenmore, Craftsman, Land's End and Diehard.

Analysts claim SEARS efforts to date to revive sales have failed miserably.  Hence, the yard [read asset] sales.  You can identify with asset sales.  You sold off your DC07, the best vacuum you claimed you ever had, and kept all the others that you liked less.  When you need money, you have to do that: Sell off your assets.   Desperate times call for desperate actions.

BTW,  my friends and colleagues at SEARS gave me the inside information when I visited them several weeks ago.  Last week's earnings report confirmed they were right.  Excellent hearsay, I'd say. 

Carmine D.

This message was modified Mar 3, 2008 by CarmineD
HARDSELL


Joined: Aug 22, 2007
Points: 1293

Re: Big Hit on the London Markets
Reply #36   Mar 3, 2008 7:45 pm
I did not have to sell the Dyson.  I wanted to sell it.
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #37   Mar 3, 2008 8:23 pm
HARDSELL wrote:
I did not have to sell the Dyson.  I wanted to sell it.



We know now that you sold it.  You told us at least 4 times.  The question is:  Did you buy the DC07?  Or...was it a gift to you? 

Carmine D.

HARDSELL


Joined: Aug 22, 2007
Points: 1293

Re: Big Hit on the London Markets
Reply #38   Mar 3, 2008 10:12 pm

You sold off your DC07, the best vacuum you claimed you ever had, and kept all the others that you liked less.  When you need money, you have to do that: Sell off your assets.   Desperate times call for desperate actions.

Carmine D.



I responded to your insinuation that I sold the Dyson out of desperation.  You never mentioned gifts.

You can't convince me that you did not take too many punches to the head although you never got out of the recreational league.

CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #39   Mar 4, 2008 7:51 am
HARDSELL wrote:
I responded to your insinuation that I sold the Dyson out of desperation.  You never mentioned gifts.

You can't convince me that you did not take too many punches to the head although you never got out of the recreational league.



My dear friend:

We alreay know you can't originate your own vacuum reviews [you said you are not a good writer and reviewer] but can only criticize others who do. 

Now it seems you can't answer a simple question.  Did you buy the DC07?  Or was it a gift?  May I assist you as I normally do.  Here's what you do to answer.  You think back when the DC07 first came into your use and possession.  Did you go to a big box retailer to buy it?  That's when a store gives you something and in return you give them money.  Or did someone give it to you?  That's when you get it, but don't give money for in in return.  Hope that clarifies.

Carmine D.

HARDSELL


Joined: Aug 22, 2007
Points: 1293

Re: Big Hit on the London Markets
Reply #40   Mar 4, 2008 5:54 pm
CarmineD wrote:
My dear friend:

We alreay know you can't originate your own vacuum reviews [you said you are not a good writer and reviewer] but can only criticize others who do. 

Now it seems you can't answer a simple question.  Did you buy the DC07?  Or was it a gift?  May I assist you as I normally do.  Here's what you do to answer.  You think back when the DC07 first came into your use and possession.  Did you go to a big box retailer to buy it?  That's when a store gives you something and in return you give them money.  Or did someone give it to you?  That's when you get it, but don't give money for in in return.  Hope that clarifies.

Carmine D.


I could originate a review if  chose to, however it would be useless.  I do not criticize others who are honest.  You are a legend in your owm mind (and only yours).

I can answer a simple question when it is asked.  I already told you what I responded to.  It was not a question.

Not sure what difference it makes but I paid cash for the Dyson and all other vacuums that I have owned.

CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #41   Mar 4, 2008 6:54 pm
HARDSELL wrote:
I could originate a review if  chose to, however it would be useless.  I do not criticize others who are honest.  You are a legend in your owm mind (and only yours).

I can answer a simple question when it is asked.  I already told you what I responded to.  It was not a question.

Not sure what difference it makes but I paid cash for the Dyson and all other vacuums that I have owned.


What other vacuums have you owned?  Where did you buy your vacuums, including the dyson?  

Carmine D.

CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #42   Mar 7, 2008 7:28 pm
Within the next 2 weeks Ben Bernanke and the Fed policy makers will announce another fed funds interest rate cut.  Probably 1/2 percent.

Since September 2007, the Fed funds rate has been cut from 51/4 percent to 3.  Not counting the next rate cut.

Also in recent months, 19 big box retailers have discontinued reporting monthly retail sales data.  This metric goes back to the early 1970's when big box retailers started reporting the monthly sales data to give investors confidence in the retailers' financial strength.  Why?  To attract investors.  Over 90 retailers reported monthly sales data for years.  It's now down to half that number and more retailers, like Macy's yesterday, are joining the non-reporters.  An indication that things in the retail sector are about to get alot worse in the months ahead.

Carmine D.

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