Trends Worth Watching Message Board

To: Glenn Petersen who wrote (1353)	3/23/2010 8:09:26 AM
From: Sam Citron	1 Recommendation Read Replies (1) of 1630

re: precipitous decline in clothing expenditures as % of US disposable income the first stock i ever owned was 100 shares of Cluett Peabody, which I received as a gift from my father when i turned 13 it was worth about $350 Cluett Peabody was a 150 year old New England textile mill i am very glad that i sold it before i turned 15 for almost 5 i think i have friends who haven't spent a penny on clothes in years about 7 years ago i shorted the Gap because they seemed to have lost their focus both CLU and GPS were profitable trades for me although i didn't make very much on either one i suppose i should look for stocks in industries with precipitous rises in expenditures as % of US disposable income oops, that was housing companies in 2007 and health care today