Comments on: NAB/Harvey Norman forecasts: nothing to pay until 2009 http://www.crikey.com.au/2008/11/11/nabharvey-norman-forecasts-nothing-to-pay-until-2009/ now with extra source Sun, 12 Feb 2012 09:16:19 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Venise Alstergren http://www.crikey.com.au/2008/11/11/nabharvey-norman-forecasts-nothing-to-pay-until-2009/#comment-8651 Venise Alstergren Thu, 01 Jan 1970 10:00:00 +0000 #comment-8651 Yes, Michael, in a bear market like this, this was exactly the news we could do without. Fasten your seat-belt we are heading south; well past the 1929 crash. BTW, if the 1929, and the 1987 crashes are a good indicator, and they probably are. It will take anywhere from 5-10 years to pull out of this one. Yes, Michael, in a bear market like this, this was exactly the news we could do without. Fasten your seat-belt we are heading south; well past the 1929 crash. BTW, if the 1929, and the 1987 crashes are a good indicator, and they probably are. It will take anywhere from 5-10 years to pull out of this one.

]]> By: Michael Cornips http://www.crikey.com.au/2008/11/11/nabharvey-norman-forecasts-nothing-to-pay-until-2009/#comment-8652 Michael Cornips Thu, 01 Jan 1970 10:00:00 +0000 #comment-8652 Breaking down the announced 4 week figures into weekly figures shows that the one week ending 9th November sales were down 14.6%. W/E 2nd November - up 6.2%, W/E 26th October - up 3%.<br /><br />The W/E 9th November was Melbourne Cup week - so was it such a bad result? Breaking down the announced 4 week figures into weekly figures shows that the one week ending 9th November sales were down 14.6%. W/E 2nd November - up 6.2%, W/E 26th October - up 3%.

The W/E 9th November was Melbourne Cup week - so was it such a bad result?

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