Replies to post #24100 on 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. :)

[James Bondage]

Zeev: One more thing, sorry for all the posts. Nike reports next week Wednesday after the close. I noticed it went up today, and will probably be floating up until Friday. If we get a dead cat bounce to play trade on with SKX, it should be upon us by Friday, if not Monday the latest.

[orkrious]

FWIW, SI fixed their search function.

[Chris McConnel]

We got a rally today and the new high list is down seven. Volume not looking very strong today, either.

If there's no terrorist attacks Wednesday and Thursday, seems like a relief rally would be in the cards.

-Chris