Zeev's Turnips Patch-No Politics (ZEEV)

[James Bondage]

Zeev: Looks like footwear is a good indicator of eroding consumer spending. The great thing about shoes though, as oppossed to electronics, is that restaurants won't serve you without them on. Our NKE, SKX, RBK are all endorsing the fact that this Christmas is going to be lousy. I expect the markets to get going back to thier lows in December, since everyone is looking for the down draft in September and October. :)