Friday, November 28, 2008

Shopping Crunch

How the holiday shopping will turn out is certainly a subject of a little more interest this year. A bad start would confirm some of the worst fears of preparatory planning by consumers who are expecting a significant downturn given stock performances to date and the daily serving of economic death march data given out by market news prognosticators. If the news is better than expected, look for the markets to extend gains as manager's pricing increases just in case the bottom action is more than just a bear pause.

Price data crunch still shows positive numbers with a caution being the 24th's major indexes lows being a critical hold for next week.