romorris

The Death of the U.S. Consumer

Hey Johnny,

What you think of the employment numbers today ?

Don't let any personal situation make you ignore the obvious. There's a recovery going on and it's going to be *marvelous*.

Time to chalk the stick and make $ with a well-place recovery play.


On Nov 28 07:30 PM Johnny Oxygen wrote:

> Oh my God! Someone drank the kool-aid.
> Yeah guys stop being negative. If you just stay positive everything
> will be OK...even with a $700 trillion dollar debt...and no production...and
> a falling dollar...and 500,000 jobs lost each month...and...

The Death of the U.S. Consumer

All this negativity !! The time to buy is when equities are unpopular, not when the masses give you the ok to run with the pack.

When I get a herd of people shouting to take shelter in the safety of their numbers, it gets extremely tempting to head the opposing direction. Don't let the herd do your thinking for you. When things really stink the opportunities for improvement are tremendous. When you see the sun shining, it is *way* too late.

Consider the massive influx of cheap investment American companies are receiving right now. They can pay their workers much less for the time being and these frightened workers are looking for anyway to contribute they can - any way to stand out. They need an edge. I'm seeing people work themselves day and night to keep their jobs trying to out maneuver the competition. Per hour worked, these companies are getting twice the return they once did and labor costs are everything to most companies. Productivity is through the roof. Good things are getting done that these companies never dreamed of just a few short years ago. New, more productive way of doing business are popping up all over the place. We're not just working harder, we are working smarter as well. We've never been so focused at any time since right after perl harbor. These aspects alone are providing a hurricane force tail wind to just about each and every company and much of that money will be reinvested right here at home.

Tremendous positive feedback loop getting going here. That force is America you see buckling down and getting the job done - working outselves out of the issues caused by past excesses.

If you're saying America is down and won't be getting back up, you are tragically mistaken. We'll work ourselves out of this funk soon enough and the market is going to reflect that.

The pendulum has swung way to far on the pessimistic side. Recognize it and profit. Maybe not tomorrow, but right quick.







On Nov 28 12:05 PM Tony Daltorio wrote:

> Bubble-boy alert!
>
> Over my 30 years in the investment industry, these guys are a dime
> a dozen...they think they "know-it-all", but they always end up losing
> it all...I remember lots of these guys in my office when I was at
> Schwab during the 1987 crash, blubbering like little babies.

The Death of the U.S. Consumer

Good idea. Watch and learn.

The Death of the U.S. Consumer

There was no depression and the recession is over. The US economy is on the mend and shoppers are out in force. The massive rise of the stock market reflect reality. Not hardly a day goes by where new data confirms the uptrend.

Those that really took a hit and didn't recover will insist on being negative and congregrate with like-minded people. The negativity will keep them down and out a lot longer than if they just put on a smile and were willing to see the sun shining through the clouds.

Sh*t happens, the recent episode is over, get used to it.

All is well and its the holidays. For those that didn't head over the cliff with the other lemmings, its truly a time to rejoice as they have never been wealthier.

The recent down turn was the biggest opportunity in your lifetime. I'm sorry if you missed it, but those who were paying attention generally didn't.

Another Big Bank Failure: More Likely Than Not to Occur

"As you all Know, I ..."

You seem to think everybody know who you are and follows your every word. Something is seriously amiss with your grasp of reality. In turn, your article reeks of it.

You need to get out more often.

Housing, Credit, Economy: At an Inflection Point

I can't believe you spouted data from the NAR. After that, no need to read the rest of the article - or future articles of yours. Moving on.