u2 tuesday, page-76

Was in Harvey's the other day and goods were walking out the door, staff confirmed an increase in recent traffic, its made a nice double bottom on the charts with positive divergence on indicators and I wouldn't mind a wager that says next biz update is positive too, or less bad?

Retailers struggle in general with higher AUD (as do farmers) cause they have a smaller margin so they have to sell more goods to turn the same profit. If they keep pricing high they get killed by smaller stores with less overheads.

Irish and Europe don't like austerity measures, spending cuts, taxes up etc. Wonder how we will do when our turn comes, and it will imo.

I also notice amoungst the higher taxes it was mentioned under no circumstances will they raise corporation tax over 12.5%. Makes our 30% look like what it is - too high?