Vacuum Cleaners Discussions |
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ainstalshia
Joined: Dec 23, 2008
Points: 1
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Original Message Dec 23, 2008 12:44 pm |
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This message was modified Aug 18, 2011 by ainstalshia
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: I need help choosing a new vacuum
Reply #39 Dec 26, 2008 7:47 am |
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Hi Venson:
Good articles. Nevada has always been on the leading edge of all the good economic indicators in the Country. So, not surprising, in a turn around, it is hardest hit. I'm licensed to bartend by the Nevada state authorities. But have not used the skills yet. Fortunately, my dear Wife and I also sold everything we had in the markets by August 2006, when I retired. Even tho the markets were still heading higher, we thought it was time to go. Bears make money. Bulls make money. Pigs get slaughtered. Whenever you're taking profits, it's a good thing and it was a good decision. Also on a positive note, monthly social security payouts increase 5.8 percent starting Jan 1. Helps the cause. Couple of extra big macs a month. Carmine D.
This message was modified Dec 26, 2008 by CarmineD
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mole
 
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Location: earth
Joined: Sep 30, 2007
Points: 783
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Re: I need help choosing a new vacuum
Reply #40 Dec 26, 2008 9:19 am |
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Thanks Carmine, Great answers you could be right on the MONEY, When do you feel things will turn around?Or should we just get use to this and think that this is just the way its going to be. Has the GREATER society lost its soul???????? MOLE |
CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: I need help choosing a new vacuum
Reply #42 Dec 26, 2008 5:12 pm |
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Hi MOLE: The quick and short answer: Graphically depicted, the recovery will not be a "V" or even a "U" but an "L." Unfortunately, homo sapiens have to lose it, then find it again, in order to appreciate and savor its value. We'll see euphoria in January 2009, after President Obama's inauguration, spike the markets higher. It will be short-lived. Reality will set in, people will learn that he does not have all the answers, like FDR didn't, and the markets will go back down for the long count. Retailer wise, Wal*Mart is the big winner in 2008 and in 2009. It is the only stock in the Dow 30 that is up this year. According to the latest survey data, WM, onced frequented by buyers with a annual household income of $40,000, upped their ante in 2008. Now, the average household income of WM shoppers is $65,000 annually. Consumers have "traded down" in their retail shopping and WM is the beneficiary. This latest news is the biggest positive retail surprise of the year. There are always winners and losers. WM is the big winner this year in the retail sector. Similarly, the old Wall Street wisdom, buy and hold is dead. Doesn't work anymore. It's buy and sell. Trader is the name of the game. Carmine D.
This message was modified Dec 26, 2008 by CarmineD
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