Word: shld
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...last of the really large sectors that has helped the market move is, improbably, the retail sector. Shares in companies including Sears (SHLD), Nortstrom (JWN), and Target (TGT) have done remarkably well. The only explanation is that the funeral preparations for these companies were so far along at the beginning of the year that Wall St. is shocked that they are still around. If consumer spending bounces even an inch off the ground, the largest retailers may live to see the 2009 holiday season. (See pictures of TIME's Wall Street covers...
...American consumer has already lost faith in his own ability to buy things. He knows he might lose his job, he might not qualify for a loan, that his house is worthless, and that the local Sears (SHLD) was closed. If he wants to return something he bought at the store, he will need to drive 50 miles to do it. People who have trouble buying things that they need probably do not want to have their problems compounded by worrying about what they should do if something they buy suddenly breaks...
...Personal-Have opening for trpl thrt hlfbk and T fmtn qutrbk, two tckls, a runng gd, and end. Hlfbk prefbly shld weigh 195 and can go 200. Pass ctchg ends will recv pfrc. Bright young men of proms can lk fwd to attractv life in Ivy League srdgs, nights at Mory's and possblty of being tapped for Skl & Bones. Albie Booth and many others have gone on to later success. Refrcs requrd...
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