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dpdoor (< 20)

Bad July in so ca, were is everyone



August 06, 2009 – Comments (5)

7th is coming up, all my contacts confirm a bad July, if the dow is going to hit 10000 in jan and 10500 in march, 9600 would be as close as we should get at this time. A good drop would let the sideliners in. I'm going short on over priced stocks and am still heavy on ge, reducing my Ford (made 300+%) reducing bac (made 300%) and have cash and a short on stocks that I think were only here because of investors not sales. What I don't know is were is everybody, we are not seeing customers, are they all on vacations that are off the radar? Where are they? Are they waiting for summer to end and come out and spend ? Were is the report to show were everyone disappeared to. All my Contacts can’t find em.

5 Comments – Post Your Own

#1) On August 06, 2009 at 1:57 PM, millionby24 (< 20) wrote:

Everyone is waiting for the drop to around 8400 8500, then they're all in long.. DUH?

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#2) On August 06, 2009 at 2:15 PM, dpdoor (< 20) wrote:

My main question is parking lots in so call are empty, every one from coffe shops to bike sales, to contractors are haveing the worst month ever, were are the people.

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#3) On August 06, 2009 at 2:27 PM, millionby24 (< 20) wrote:

like is said, at home waiting for the market to get around 8,400 then all in?

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#4) On August 06, 2009 at 2:35 PM, Eudemonic (59.90) wrote:

Rumor is that since CA is bankrupt the roads quit working..nobody can drive anywhere..

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#5) On August 06, 2009 at 2:56 PM, dpdoor (< 20) wrote:

dow going down to 8400 or lower is easy if people are just not spending,  (thats whay I'm short) but are they spending somewere off the radar? Are they all going to grandmas, staying home, or traveling the world. If they are spending that is good if they are not then.....


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