“Think of car dealers (who buys cars in a recession), Home Depot, Lowe’s, carpet stores…anything that consumers buy will be punished next, and by mid-year start shorting manufacturers.”
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Be careful on those and check out what’s going on in their respective industries (I know you will). GM & F (which I loosely follow) are down quite a bit already, though GM has rallied a bit over the past year or so. I actually got long (call options) F last week, and I’m a “doom and gloom” bear. Home Depot has already been hammered, although there might still be room to fall. Check out Best Buy, Circuit City, Harley Davidson, Gamestop, Sherwin-Williams, etc. for more possibilities.
