Zeev's Turnips Patch-No Politics (ZEEV)

[cash2go]

Why the Walmart news was really bad

Even though Wal-Mart has stated that sales growth should hit 5%, the upper end of forecasts, it also noted that pattern of increased sales on a two week cycle corresponding with payday- meaning most consumers have little savings and are living on tight budgets. Couple this with a sharp drop in drawing liquidity from refinacing

Liquidity in stocks like location in real estate are the numbers 1, 2 and 3 things to first consider. Is this setting up like a particularly ugly October? Summer never gave those outside the market a chance to get in at reasonable prices. Now, are a lot of stockholders about to find out their funds got them in at unreasonable prices? Fund outflows could be the next problem to confront this market. And as always we get that over reaction so where will this market be by Mid October?