[Vince Ferrer]

The key to watch is Christmas sales. They’ll fail. Christmas will be when reality sets in."

I agree with this one. Christmas is not too far away, because right now is the beginning of the peak season for shipping the finished retail goods which will stock our retail stores. Traditionally 25% of retail sales was during the Christmas season.

This year I expect a big drop in sales, as Christmas becomes a religious holiday again. By January we will see a cascade of retail bankruptcies by companies who were holding out for this Christmas to pick them back up.

[ChocChipCookie]

right now is the beginning of the peak season for shipping the finished retail goods which will stock our retail stores.

I have a family member whose job it is to configure the shipment loads of the big freighters going in and out of, mostly, Long Beach. I'm going to give her a call and see what kinds of changes she's seeing. The last time she talked, the number of ships and cargo going out of the U.S. had been drastically reduced, as well as the shipments coming in from China.

[blam]

"Christmas is not too far away, because right now is the beginning of the peak season for shipping the finished retail goods which will stock our retail stores."

I thought I saw some predictive shipping data recently that suggests a terrible Christmas, retail wise.