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Direxion Daily Financial Bear 3X ETF Message Board

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  • czarinaofcamelyacht czarinaofcamelyacht Nov 13, 2009 2:49 PM Flag

    I don't think christmas sales will be great

    Prices will have to meet or beat last years, as we are now "Officially" at 10.2% unemployment, which was probably the Actual last year. What the heck are you going to buy that you don't really want, need, or can easily afford?

    Same here, not a gosh darn thing unless it's rock bottom price and I'll pay cash.

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    • The retailers are delusional if they think they will hold better margins this year, due to less inventory. They will cave in as they always do. To your point, appx 3 miilion more people are out of work this year compared to this time last year. I simply cannot see how this season can be anything but disappointing.

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