Retail sales themselves are the best indicator of consumer sentiment as no device peers so deeply into the recesses of the human soul as the cash register.
--Howard Simons

Chartz And Table Zup @ www.joefacer.com

Or They Will Be When I Can Get On To The 401a Site...Is It Me? Or Is it Everybody? Good Excuse To Find Somethin' Else To Do Today....

http://www.youtube.com/watch?v=FMcjPZgK ... re=related


http://www.ritholtz.com/blog/2009/10/an ... more-42096
http://www.ritholtz.com/blog/2009/10/80-oil/
http://www.ritholtz.com/blog/2009/10/fd ... lures-106/
http://www.google.com/hostednews/ap/art ... gD9BI75DO0
http://www.ritholtz.com/blog/2009/10/re ... omed-wamu/
http://www.ritholtz.com/blog/2009/10/n- ... -eye-view/
http://www.msnbc.msn.com/id/33479888/ns ... _business/
http://www.bloomberg.com/apps/news?pid= ... GuYWlHyRDU
http://www.ritholtz.com/blog/2009/10/co ... d-records/
http://www.bloomberg.com/apps/news?pid= ... tUrQ343suM
http://www2.debka.com/headline.php?hid=6341



Stay Tooned.

TUESDAY

I've gone into capital preservation mode. Outside down days in key stocks, interday reversals in key stocks and indices, stocks going down on bad news/good news/no news/first class earnings beats, and then the few stocks that went up on first class earnings end up going down, That's A Deal Breaker.

I'm 73% bonds and GIC and the remainder mostly long AsiaPacific as a materials/growing economy thing. I may get all the way lighter on the little bit of domestic stocks I own in the 401a and lighter yet on the RERFX stuff. Stay Tooned...

My readings as posted here over the last 2 years made me way too cautious way too early and I missed most of the run up. I listened to Main Street and the more cautious parts of Wall Street and I saw the steam roller coming while it was still 8 miles away and I got out of its way. And stood around. I don't have the tools here in the 401a to pick up the few pennies still on the road and expect to get away cuz now I hear the steamroller and feel the rumblings. Man up, face up to a lost opportunity and get back to the curb.

Norway, Australia, Brazil, and India as of this evening seeing the end of the financial crisis on their turf and putting new fiscal and monetary policies in place in the weeks and months ahead. Prolly more nations doing so over the next few months. It is NOT the US leading worldwide policy response to our financial crisis. This is us facing the great unwind of the Money For Nothing , Cash For Free policy in a less benign set of circumstances and less control than we are used to.

I can't think of a lousier set of circumstances to start into the Holiday Season with short of being at war. oh, yeah.....

http://www.manufacturing.net/article.aspx?id=224838
http://www.bloomberg.com/apps/news?pid= ... A4qY0M7Xyw
http://www.theonion.com/content/news/u_ ... e_building
http://money.cnn.com/2009/10/26/news/co ... tm?cnn=yes
http://www.norges-bank.no/templates/art ... 75658.aspx
http://www.ft.com/cms/s/0/38164e12-c330 ... ck_check=1
http://www.bloomberg.com/apps/news?pid= ... T5HaOgYHpE
http://money.cnn.com/2009/10/26/news/co ... tm?cnn=yes

Bad News

Set up for some serious downside. I'm all but out of stocks and getting outa bonds....


Stay Tooned....