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Old 10-09-2008, 04:01 PM
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Default The Death of Direct Sales

Posted By: Dave

Card values, like home values and everything else have to stay relative to the economy.
So when it takes a hit "we" should understand that cardboard isn't teflon.

This is the biggest market correction in the history of the country and it's everywhere. Maybe that's why I don't have America's Toughest Want List because I'm of the mind that when you need 4 or 5 people involved to make something profitable you're dooming yourself. I am a collector for enjoyment not value.

Let's face it the economy was due for this. But it's not going to last like it did in the 30's.. the economy reacts to things about a million times quicker than before. You're seeing people take their profits and sell out of fear right now (which kind of mirrors your posts of late Bruces)

Smartest words to live by.... Where there's blood on the streets, BUY.

And don't worry about the Wall Street upper-level guys (because there are just as many hard working low-level people there that didn't make these decisions, so remember that)... they are gonna get theirs because the people will demand it.

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