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If you avoided the Black Friday hype, you should come out ahead. You'll have a much better...

If you avoided the Black Friday hype, you should come out ahead. You'll have a much better chance of getting good deals across the board if you just wait. Retailers don't want you to know this, but they enter the holiday shopping season with lots of inventory - and if they don't move enough of it early, they'll start cutting prices.
Comments (23)
  • KnaveChild
    , contributor
    Comments (45) | Send Message
     
    I already spent all my holiday money on Gold/Silver/Food in preparation for the collapse of the U.S.
    26 Nov 2010, 03:31 PM Reply Like
  • EliteYoda
    , contributor
    Comments (78) | Send Message
     
    lol, haha thats a good one! hehee .. oh dont forget about the bullet proof vest and .22 ; gonna need those as well .. oh wait, didnt they postpone the end of the world, I think there was a memo they got the date wrong, was supposed to be 2012 but now something about the Mayan calendar issue so guess we'll have to wait now for aliens to invade! lol
    buy some more gold dude! hehee
    26 Nov 2010, 10:36 PM Reply Like
  • KnaveChild
    , contributor
    Comments (45) | Send Message
     
    Have you noticed that this country is $14 Trillion in debt? Do you think that will EVER be paid back? Have you noticed that the Fed is printing monopoly money backed by nothing?

     

    Get ready people, its coming. I promise you. Time is short.
    26 Nov 2010, 10:59 PM Reply Like
  • EliteYoda
    , contributor
    Comments (78) | Send Message
     
    Totally agree man, this country is on a road to financial ruin!
    Stock up now on canned goods, water, gold and supplies cuz any pretty paper you own will be worth nothing! And that includes government bonds! hahaha
    However, like every bubble in history the euphoria in the short term immediately before the crash will blur the situation and we will rally all the way up to the cliff.. good luck to all
    26 Nov 2010, 11:05 PM Reply Like
  • mike8599
    , contributor
    Comments (593) | Send Message
     
    Ya know anyone over 50 years old must remember at least 2 or 3 times in their lives in which the world was going to end. Personally I remember the 70's when we were heading for a new ice age. All at the time Russia / US were going to start a nuclear war. During the late 90's the world was going end with the new millenia. Now we have economic ruin, global warming, and Dec 2012 from the Myan calendar.

     

    So let's tone down the doom and gloom and get on with seeking alpha.....
    27 Nov 2010, 09:19 AM Reply Like
  • Joe Morgan
    , contributor
    Comments (1558) | Send Message
     
    Yeah, that's right, every decade there is something new that would end the world....every decade is invented something to gain headlines and to move propaganda...Bears, the world is not ending, you have been wrong again!!
    27 Nov 2010, 03:14 PM Reply Like
  • Stone Fox Capital
    , contributor
    Comments (7007) | Send Message
     
    but what if they move alot of inventory? you won't get many bargains then.
    26 Nov 2010, 03:43 PM Reply Like
  • Silentz
    , contributor
    Comments (714) | Send Message
     
    Wow...you got three down thumbs for that comment? Tough crowd...
    26 Nov 2010, 04:32 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3533) | Send Message
     
    If is the biggest word in the English language. If we didn't have if, life would be a lot smoother:-)
    26 Nov 2010, 04:46 PM Reply Like
  • positivethoughts
    , contributor
    Comments (2011) | Send Message
     
    The best deals are always in January and February when retailers have to clear out stock not sold during Christmas.
    26 Nov 2010, 08:35 PM Reply Like
  • EliteYoda
    , contributor
    Comments (78) | Send Message
     
    ya exactly, wait until end of Feb, stuff will be prob 80%+ off
    was funny seeing all those nuts camping outside the apple store to buy the latest version of iCrap .. I mean, really?! go get a job! hahaha
    pathetic!
    26 Nov 2010, 10:38 PM Reply Like
  • Ranni
    , contributor
    Comments (147) | Send Message
     
    Recent data suggest, that merchandise is moving much faster than expected. Retailers decision to go with slightly higher inventories seems to been right way to bet.
    27 Nov 2010, 01:31 AM Reply Like
  • Joe Morgan
    , contributor
    Comments (1558) | Send Message
     
    Yes, that's true I can guarantee you that inventory has dropped enormously...this holidays sales are going better than expected...bears are for a big beating...
    27 Nov 2010, 08:37 AM Reply Like
  • JohnLocke
    , contributor
    Comments (381) | Send Message
     
    Funny how the "If you waited to spend your money articles" are coming out after the biggest shopping day of the year... Where was the great advice before "Black Friday"....

     

    The people and their wallets still being lead to the collective trough what a shame....
    27 Nov 2010, 01:02 PM Reply Like
  • jagmanvdp
    , contributor
    Comments (194) | Send Message
     
    I have to laugh when people buy gold for the end of the world.....

     

    what ya going to do .eat it?
    27 Nov 2010, 06:04 PM Reply Like
  • Joe Morgan
    , contributor
    Comments (1558) | Send Message
     
    jagman, the gold bulls, think gold is the best thing to hold, if the world is in chaos, but the best thing to hold at that moment should be food and guns....
    27 Nov 2010, 06:08 PM Reply Like
  • positivethoughts
    , contributor
    Comments (2011) | Send Message
     
    Exactly. If chaos were to develop, I would much rather own an arsenal of guns and ammunition as opposed to gold. With a gun, you can take someones' gold, food, shelter etc.
    27 Nov 2010, 08:04 PM Reply Like
  • EliteYoda
    , contributor
    Comments (78) | Send Message
     
    hehehe, yes .. 'positive thoughts' , 'positive thoughts' ;D
    trying to stay positive in this global environment but it is true, guns are the new gold... oh and defensive armor and night vision.. glta
    3 Dec 2010, 01:38 AM Reply Like
  • foolmetwice
    , contributor
    Comments (5) | Send Message
     
    ranni, black friday sales weren't all that great. .3% better than 2009, which followed a steep decline in sales from 2008. Feels to me like our housing situation, just taking longer to develop. Prices keep going lower, and inventories continue to rise. Lower profit margins arent going to help stimulate more jobs.
    28 Nov 2010, 03:57 AM Reply Like
  • Ranni
    , contributor
    Comments (147) | Send Message
     
    Even black Friday sales number is disappointing, we have many reasons for optimism. Online sales up +16% and set new record against tough comparison (+41% 2009). Total amount spent on the day after Thanksgiving set a record. Many retailers which were hit hard, by recession seems to be thriving when dollar stores lagging.

     

    Also, let's keep in mind, they took early start this year and "promotions boosted sales and traffic for the first two weeks of this month through Nov. 13 by 6.1 percent and 6.2 percent."

     

    To me this looks clear turning point, not just retail sector, but US economy overall, but it remains to be seen.

     

    btw: What you mean by saying

     

    "fmt:
    .3% better than 2009, which followed a steep decline in sales from 2008. "

     

    Black Friday comparison (yoy)

     

    2010 $10.7 +0.3%
    2009 $10.66 +0.5%
    2008 $10.41 +0.1%

     

    I would describe, +0.5% (08-09) increase different terms, than "steep decline".
    28 Nov 2010, 05:49 AM Reply Like
  • foolmetwice
    , contributor
    Comments (5) | Send Message
     
    ranni, I had read that sales were down last year but after further investigation your numbers seem to be correct. i do have a few concerns though. One being the recent agreement between China and Germany to discontinue using the USD in bilateral trade with the US and the recent change in trend in the dollar. Dollar strength will put a tremendous amount of strain on equities, as the recent rally was mainly attributed to dollar weakness. Dollar is nearing its 55 (80.55) day moving average and has broken its intermediate down trend pretty convincingly. Im not fully convinced in this "recovery" as the dollar has fallen from its pre-recession high of 120 and has helped our corporations remain competitive. Weak dollar should inflate prices in goods from China(our biggest importer) which we really havent seen yet.
    28 Nov 2010, 03:55 PM Reply Like
  • Ranni
    , contributor
    Comments (147) | Send Message
     
    "foolmetwice:
    i do have a few concerns though. One being the recent agreement between China and Germany to discontinue using the USD"

     

    I supposed agreement was made between China and Russia, not yet between China - Germany? ;)

     

    I agree completely your view about dollar. btw, Stronger dollar should ease margin pressures going forward on these domestic retailers, regardless pegs. China is not the only place, where-from they're outsourcing.
    28 Nov 2010, 04:25 PM Reply Like
  • foolmetwice
    , contributor
    Comments (5) | Send Message
     
    hmmm... yea Russia. Thats what i meant. :)
    28 Nov 2010, 04:44 PM Reply Like
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