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  • Options Trader: Friday Outlook [View article]
    I can't help but think there will be layoffs in January. I also can't help but think Obama has little ability to stop the current economic situation from unfolding.

    "I sincerely believe that will change in January, and if it doesn’t I will be turning a lot more bearish."

    How many retailers will wait until after December and then start looking at the numbers and decide which stores to close? How many companies will wait until the New Years to start tackling the hard things - layoffs and restructuring? My intuition is a lot of companies are in this position and will wait until the New Year before a lot of changes start coming about.
    Dec 06 01:08 am |Rating: +2 0
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