sign of things to come...

is this story from Marketwatch.

Hurt by unseasonably warm weather, record high oil prices and concerns about the housing and credit markets, retailers posted a 1.6% rise in October sales, the International Council of Shopping Centers said, making it the worst October in 12 year

"Worst October in 12 years." Yes. Must be the weather's fault.

Time to short Underarmour, Deckers Outdoor (makers of UGGs) and other overpriced consumer discretionary companies. They will get creamed this Christmas.

One final word today. Yesterday, Helicopter Ben, or Uncle Chopper, as I have started to call him, predicted a rebound in the economy by middle of next year. That's how I know it's going to get bad soon. SOON! THAT MEANS WITHIN THE NEXT THREE MONTHS!