Let the After Christmas LIQUIDATIONS begin!....

I just watched a piece on Bloomberg from California, of all places,
about Bank Owned property auctions going on hour after hour. A guy
bought a $440,000 house for $56,000, about its right price for such a
small house.

We're gonna see some helluva great bargains starting tomorrow. My
neighbor called me a little while ago. She said there are people
working all night in the malls marking stuff down....

If Ford Motor Company price drops $1.11 more, they'll be DELISTED!




.....now if we can only get WalMart to come down on the price of Rotella
T which hasn't dropped in price a single penny since oil was $145/bbl.
Damned thieves....$11.77/gallon in Charleston's WalMart or about
anyplace else.

Price fixing?

Keeping my eye on Circuit City for the liquidators to arrive......
Your faithful reporter.....

On Fri, 26 Dec 2008 00:56:51 +0000, Larry wrote:



If Ford Motor Company price drops $1.11 more, they'll be DELISTED!
...
Your faithful reporter.....


I hear exchanges are planning to suspend listing limits pro temp.

Brian W

"Larry" wrote in message
...
Let the After Christmas LIQUIDATIONS begin!....

I just watched a piece on Bloomberg from California, of all places,
about Bank Owned property auctions going on hour after hour. A guy
bought a $440,000 house for $56,000, about its right price for such a
small house.

We're gonna see some helluva great bargains starting tomorrow. My
neighbor called me a little while ago. She said there are people
working all night in the malls marking stuff down....

If Ford Motor Company price drops $1.11 more, they'll be DELISTED!




....now if we can only get WalMart to come down on the price of Rotella
T which hasn't dropped in price a single penny since oil was $145/bbl.
Damned thieves....$11.77/gallon in Charleston's WalMart or about
anyplace else.

Price fixing?

Keeping my eye on Circuit City for the liquidators to arrive......
Your faithful reporter.....




Which is fine until the price drops start to multiply out of control. Then,
you get deflation. While fine in the short term, as it "creates money," it's
bad if it turns into a death spiral. This leads to lower prices, lower
wages, then lower prices, lower wages, etc., until you get a $1 for a days
work. Not a good scenario for a modern economy in my opinion.


--
"j" ganz @@
www.sailnow.com

"Capt. JG" wrote in
easolutions:

Which is fine until the price drops start to multiply out of control.
Then, you get deflation. While fine in the short term, as it "creates
money," it's bad if it turns into a death spiral. This leads to lower
prices, lower wages, then lower prices, lower wages, etc., until you
get a $1 for a days work. Not a good scenario for a modern economy in
my opinion.



You're dead on correct. But, alas, something "funny" is going on. Food
continues to skyrocket in price. A friend in Brewster, NY, told me he
paid $5.40 per pound for CHICKEN at their local supermarket! Lube oil
prices anywhere you go seem to be CONTROLLED at $11.7x per gallon for
Rotella T, here in Charleston. Oil prices should, by now, have
responded to the collapsing crude and gas prices. Gold prices are down
20-25%, but retail prices, that we are told are in such awful
conditions, have NOT DROPPED at all and have INCREASED in many places.
Is the government tampering with the printing presses at the FED handing
out trillions of fake dollars causing this? 90 Yen to the dollar means
my money is quite worthless...and getting more worthless...but gold
prices are down....

Something is being manipulated by the usual suspects. If business is SO
bad, all prices would have dropped drastically, now. I know someone who
visits China twice a year to buy silk flowers for their wholesale
florist business, hundreds of thousands of them. His suppliers are
giving him fire sale pricing on the products stacked up in warehouses
all over China. One of his contacts took him to a warehouse full of
unsold toys from famous American companies. $20 American toys can be
purchased for 6 CENTS! They're nearly giving them away! I checked the
toys....not a nickel drop in prices to move them at WalMart. They're
buying them for 6 cents and selling them for $20, a tidy profit no
matter how you spin it.

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.

Wayne.B wrote in
:

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!

On Fri, 26 Dec 2008 16:58:55 +0000, Larry wrote:

Wayne.B wrote in
:

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!

Weren't you talking about Rotella oil or some such?
Hey, as long as you want it, the price won't come down!
Seems in the past retailers will only go so low with prices, then
their stock ends up with discounters and employees, who unload it at
garage sales. Maybe now ebay.
But it's complicated as all get-out.
You always have to keep your eyes open for real deals, and usually
when you see one, it's right after you paid retail!

--Vic

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.

Dave wrote in
:

Guess Larry didn't do any Christmas shopping. Major Dept. stores were
offering unprecedented discounts to unload their inventory by
year-end. Every place you turned there were signs "take 30% off" "take
50% off." You used to see that post-holiday, but not pre-holiday.



Being the only one left in my family....I don't have much of a Christmas
outside the parrots, who are pretty easy to please if you have Monkey
Biscuits in your pocket. I give my friends' kids money so they can have
more Christmas this coming weekend of stuff they want, while taking back
the crap the adults bought they can't stand....

I noted the signs and the "limited time offer" nonsense. The brick and
mortars STILL think we are going back to the "good ol' days" of jacking
up the prices every other week by 25%, month after month, as the money
became more worthless and everybody had lots of it. I think they are
****ing to windward in 2009-2010 and maybe beyond.

Well, the Liquidations will begin today or tomorrow. It's way beyond
50% off on a few items as loss leaders. They've got to liquidate stock
to feed the kids, now.

"Dave" wrote in message
...
On Fri, 26 Dec 2008 16:58:55 +0000, Larry said:

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

Guess Larry didn't do any Christmas shopping. Major Dept. stores were
offering unprecedented discounts to unload their inventory by year-end.
Every place you turned there were signs "take 30% off" "take 50% off." You
used to see that post-holiday, but not pre-holiday.

- I was shopping for a stool. That's still too expensive for a stool.

- i duuno somehow 5000 does seem all that much

- so I went to harleysville,

- then I sent my aunt a
youtube video of Cheney shapeshifting into a reptilian. HAHA it was so
stoopid!

- birthstone necklace? did you say NECKLACE? i remember a while ago
when my aunt was going on and on about her jewelry, she specifically
metnioned she had no necklaces because she couldn't wear them because
they caught on those 'growths' on her neck. YUCK! that's mostly what they
have on sale. yuck

mk5000


"Girl hey you go girl.
De le de le that that that girl.
Girl hey you go girl.
Baby baby baby baby girl. "--solange knowles