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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Friday, September 5, 2008

6.1 % unemployment and Consumer out of cash.....

The unemployment news speaks for itself.

Check out the true measure of the global consumer...Mastercard and Visa. Do not get hung-up on the fact that these guys are Credit card companies. They derive their business solely from the number of TRANSACTIONS made where a credit or debit card is swiped. It's pretty simple: No swipes = No Sales.














So where is the money going? How about indulgence items like tobacco, spirits, and can you say sex.....Yep when people are couped up inside what else is there to do.....So lets take a look at the Best in brand condom manufacturer...CHD. They deliver the goods of the powerful brand name condom "Trojan" as well as other consumer staple goods. I believe the charts speak for themselves....it's almost as if they've been taking Viagra....up, up, up some more......

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