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Re: Aiming4 post# 19088

Wednesday, 07/23/2008 3:32:14 PM

Wednesday, July 23, 2008 3:32:14 PM

Post# of 45392
Aiming,
I'm one of those lop-sided cowboys of which you speak. With regards to Cor's SP, it certainly seems that the bad news far outweighs the good. We'll take a 70% hit again on bad data, luckily a double on good, but a far cry from the losses we've incurred over the past few years. The overly optimistic sentiment here seems to have waned again. Cor has a way of doing that. It's the constant waiting and speculating that gets the best of me. Our patience rewarded, should good news occur, with the constant fear of a looming and predictable financing.

O.T. The markets seem to be strengthening. I think we are still due for another substantial retraction however. I wish I had enough funds available to take part of the recent run-up. With my stores, I still see constant inflation and I think the federal minimum wage increase will indirectly add fuel to that fire. The unemployment and housing data, I think will also continue to be negative for many more months. IMO the bears will continue to prevail in the second half of '08. It's going to be difficult to inject dollars into the US economy without deflating the dollar even further. Kay sa ra sa ra...
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