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alstry (< 20)

It just keeps getting WORSE!!!!!!!!



January 14, 2009 – Comments (8)

GOTT] Gottschalks to reorganize under Chapter 11

Retail sales plunge 2.7% in December ....WITH HEAVY DISCOUNTING!!!!!!!!

U.S. retail sales down 9.8% in past year

Tiffany holiday sales down 21% from a year ago

Oracle cuts 500 North America jobs: Journal

Deutsche Bank warns of $6.4 billion loss in fourth quarter

ALSTRYNOMICS warned you that what was coming was like nothing you have seen before....and you ain't seen nothing yet!!!!!!!!!

The storm is just now hitting the shore....and it has a long long way to go.........................


Then sit back, relax, and have a few drinks.......because it is sooooo BIG not much may survive without reorganiztion.......

Hopefully you have and others have surely documented, distilled, and delivered.  At this point the choice is yours....................


8 Comments – Post Your Own

#1) On January 14, 2009 at 9:08 AM, alstry (< 20) wrote:

Poor Poor FloridaBuilder....he used to call me all these nasty nasty names.

All he did was analyze HomeBuilders 24/7....  I tried to warn him that the HB busienss was dead for many years to come.  That it would be very difficult to sell a new home for a profit....even if you got the land for free!!!!!!

But did he listen???  Not a chance!!!!!  He was too arrogant and stubborn.  Too full of himself to see what was coming missing the starting part of the 5A approach......ANTICIPATE!!!!!

We are here some parts of California....almost 90% of home sales are foreclosures.

The reason????  We simply built too many homes....Years and Years of extra supply.  It will take years and years to get through the excess supply.

You should not be surprised if you see home prices decline another 50% from these levels...based on income still may have further to go!!!!!!!

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#2) On January 14, 2009 at 9:37 AM, gembree (99.87) wrote:

500 jobs????!!!!

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#3) On January 14, 2009 at 9:38 AM, alstry (< 20) wrote:

That is in addition to the 5 million other jobs.....

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#4) On January 14, 2009 at 9:43 AM, sinq17 (< 20) wrote:

Buy Buy Buy if you have time! Do not be a sheep and part of the herd. If you have time sit back and see that money will be made that is how its going to be.

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#5) On January 14, 2009 at 9:46 AM, alstry (< 20) wrote:

Keep singing...maybe your score will be at zero one day???

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#6) On January 14, 2009 at 9:49 AM, SteveTheInvestor (< 20) wrote:

I'm not buying squat.  The market has no bright spots.... period.  Most everything I've bought in the last two years has turned into a pile of dung, and the pile only gets bigger. 

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#7) On January 14, 2009 at 9:50 AM, oversea (< 20) wrote:

I bought indeed in the US stock market, and I'm quite pleased with this since some money is already trickling back into my pockets ...

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#8) On January 14, 2009 at 10:31 AM, DaretothREdux (53.09) wrote:

Check this out! Anyone want a $1,000 house?

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