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I think the bottom is in the low 8000s

Posted by annak410 on 11/17/08 at 2:35 pm

We just need the dust to settle, drop down to around 8100 or so, and then we can start moving up from here.

Right?

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re: How low does oil go?

Posted by annak410 on 11/15/08 at 11:53 am to mule74

It'll go back up. I suspect the oil refineries had stockpiled oil when the prices were low and when the economic markets find a "bottom" the speculation of oil will rise back up.

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re: Pawn Shops - an economic indicator?

Posted by annak410 on 11/13/08 at 4:34 pm to TigerDeacon

I'm talking about a 3/4 scale guitar you perv.

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re: Pawn Shops - an economic indicator?

Posted by annak410 on 11/13/08 at 4:20 pm to TigerRanter

What kind of guitar? I bought a small girlie guitar from a pawn shop a while back thinkign it would be a good "fit" but it vibrates too much due to its small size. i need a regular guitar.

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re: Pawn Shops - an economic indicator?

Posted by annak410 on 11/13/08 at 4:16 pm to TigerinATL

I think you're right. The Pawn Shop "metric" is probably delayed, as well. But it is atleast an indication of the level of essential bill-paying income the lower and lower-middle class has. Although, most of the population do not sell their crap at pawn shops. Especially not in the age of ebay.

I was just trying to think of things to look at on the ground level..

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Pawn Shops - an economic indicator?

Posted by annak410 on 11/13/08 at 3:50 pm

I was thinking today about what a huge lag the major economic indicators have by the time we get the numbers.

Has anyone noticed if Pawn Shops are getting a huge increase in people pawning their possessions? Would it matter?

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