On Dec 26, 8:58*am, Larry wrote:
Wayne.B wrote :

On Fri, 26 Dec 2008 02:33:39 +0000, Larry wrote:

Something is being manipulated by the usual suspects.

Not really. * As long as demand holds up, prices will not drop. * If
people stop buying prices will fall. *It's the law of supply and
demand coupled with the desire of business to maximize profits.
Also, there is old inventory purchased at higher prices waiting to be
sold in some cases.

Er, ah, Wayne? *Does your news reader work? *People have ALREADY stopped
buying, which is what got us into this mess in the consumption-driven
economy.

That's what's queer. *Consumption is way down but prices haven't dropped!

nope and prices wont for a little while. right now they are holding
prices up for the holidays and winter. captive audiance dontchak now.
i would wait for spring if i was to bet on this and watch the prices
start to drop. mid summer and shops are going to be sweating it trying
to get stock out the door.

bad part is with this no wharehousing idea the slow down hits a much
larger pool than it should.