ajtj99's Market Pulse

[anyer1]

Good move! As the energy crunch ensues the less than brilliant American consumer will be less willing to buy goods from these retailers which are made in China and then marked up 500%. It amazes me that people are willing to buy Nike shoes for an average 85$ price when they are made overseas for avg 15$. Sometimes the herd can be really stupid; now their backs are running up against the wall.

Rick Santelli just said Congress "brilliant" move of closing the Enron loop hole will just drive business offshore. The people already hate oil companies. They deserve what is coming IMO.