Black Friday Blues?

Retail stocks looked a bit week today (with the notable exception of Gamestop) and I was surprised at how 'NOT that busy' it was out shopping today - not that there weren't shoppers but they were not buying like I think a lot of people hoped - at 1:30 pm Wal-Mart still had literally PALLETS of doorbuster deals like the $4 kitchen appliances, still 2/3 full, and the aisles were clear and quiet. Not what you expected at all. Mind you, we all had a FANTASTIC time out shopping and I got some really great deals (best Black Friday for me in years!) - but this does not bode well for the retail season overall IMHO.

Could we be seeing what I'll term the 'Sony effect'? If I had just spent close to $800 on a video game system and some games, how much would be left to spend overall, especially when the average shopper this year is expected to spend only $800 total and trying to reduce their overall credit card debt. Or is this merely a blip, soon to be forgotten? If sales continue to be slow, will we see a frenzy of dropped prices as the weeks progress?

Stay tuned.... and til next week, enjoy those leftovers!

Dad's Stock Moves 1

Sell:

(TYC) - 200 shares

Buy:

(NEM) - 150 shares

Dad

Not going to be a pig

I'm selling PD and taking those profits - sometimes I'd rather be lucky than good.
By the way I just jumped out of my chair and did the 'happy happy dance' :)

Erika's Stocks

Looks like you won big with PD. But if the recent past is any indication
of how unpredictable this sector can be, don't be surprised if more
surprises are to come in what's left of this sector. Dad