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B4 The Bell, Tuezelday, July 6


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NY is the exact opposite. I have never seen so many big retail stores open in such a concentrated area. 20mi outside of NYC (55% commuter pop) we got our first Home Depot only 2 years ago. Now there are 5 in a 10 mile radius. WMT, TGT, Kmart, BBBY, Best Buy, all opening stores ~ every 3 months. The rent on these stores cannot be fathomed.

 

Just last week a new mall opened in White Plains, a city with 1.5mm pop. Anchors are TGT and B&K books. massive store size. I don't understand who is going to pay $5/hr in parking to buy bs from a discounter like TGT.

TGT's slated for a thanksgiving opening in Mt. Kisco as well. Never mind that there are 2 of them within 3 miles of each other in Palisades...

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NY is the exact opposite. I have never seen so many big retail stores open in such a concentrated area. 20mi outside of NYC (55% commuter pop) we got our first Home Depot only 2 years ago. Now there are 5 in a 10 mile radius. WMT, TGT, Kmart, BBBY, Best Buy, all opening stores ~ every 3 months. The rent on these stores cannot be fathomed.

 

Just last week a new mall opened in White Plains, a city with 1.5mm pop. Anchors are TGT and B&K books. massive store size. I don't understand who is going to pay $5/hr in parking to buy bs from a discounter like TGT.

TGT's slated for a thanksgiving opening in Mt. Kisco as well. Never mind that there are 2 of them within 3 miles of each other in Palisades...

Doesn't say much for REITS, public or private.

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NY is the exact opposite. I have never seen so many big retail stores open in such a concentrated area. 20mi outside of NYC (55% commuter pop) we got our first Home Depot only 2 years ago. Now there are 5 in a 10 mile radius. WMT, TGT, Kmart, BBBY, Best Buy, all opening stores ~ every 3 months. The rent on these stores cannot be fathomed.

 

Just last week a new mall opened in White Plains, a city with 1.5mm pop. Anchors are TGT and B&K books. massive store size. I don't understand who is going to pay $5/hr in parking to buy bs from a discounter like TGT.

TGT's slated for a thanksgiving opening in Mt. Kisco as well. Never mind that there are 2 of them within 3 miles of each other in Palisades...

Doesn't say much for REITS, public or private.

Couple of months ago, IBM started offering a REIT fund in its 401K plan....

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Get Gas from today's Suctor Watch.. Take a subscribatory , for the Gas release you're looking for RIGHT NOW! Pluscycle charts and price targets for 12 other leading market suctors like Oil, Homebuilders, Aerospace, Biodrech, SOX and more!?

 

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NY is the exact opposite. I have never seen so many big retail stores open in such a concentrated area. 20mi outside of NYC (55% commuter pop) we got our first Home Depot only 2 years ago. Now there are 5 in a 10 mile radius. WMT, TGT, Kmart, BBBY, Best Buy, all opening stores ~ every 3 months. The rent on these stores cannot be fathomed.

 

Just last week a new mall opened in White Plains, a city with 1.5mm pop. Anchors are TGT and B&K books. massive store size. I don't understand who is going to pay $5/hr in parking to buy bs from a discounter like TGT.

TGT's slated for a thanksgiving opening in Mt. Kisco as well. Never mind that there are 2 of them within 3 miles of each other in Palisades...

Doesn't say much for REITS, public or private.

Couple of months ago, IBM started offering a REIT fund in its 401K plan....

Big Blue has its own "private" agenda....always had ...... always will.

Manage the numbers....the boss wants a raise.

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Window now closed we'll take it-Miss Piggy has fallen down the stairs and she can't get up-on her own for a bit! ;)

Good calls B4. Looks like you were the most bearish of all the last few days - and the most right. ;) The south bound train left the station without too many bears aborad. :o

 

Still 200% short SPY in my margin account from last week :) , but flat in futures account :( .

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Total Shuts Down Oil in Nigeria

By THE ASSOCIATED PRESS

 

Published: July 6, 2004

 

 

Filed at 10:10 a.m. ET

 

LAGOS, Nigeria (AP) -- Energy giant Total's subsidiary has shut down oil and gas production in Nigeria in the face of a threatened strike that raised management fears for the ``safety of life and property,'' a company spokesman said Tuesday.

 

http://www.nytimes.com/aponline/internatio...l-Shutdown.html

Well now we know the why about the massive carrier deployment: Remove US citizens from oil producing countries (Bahrain & Nigeria), protect oil facilities, and to guard oil tanker sea lanes.

 

The cost of oil of imported oil, when adding defensive costs, must be double the market price by now. :o

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