RE: RE: RE: Weekly Storage down 7%!Its the whole doom and gloom scenario playing out at this time. It has been smashed into everyones brain that demand will be slower as companies downsize/shut down, housing decreasing etc, alot of it is self perpetuated and a general slowdown occurs. Nobody wants to pay up for anything, people will wait until they feel things are turning around to the positive. Can't look at last year with pricing comparisons, resources were over inflated and you will drive yourself crazy trying to justify pricing at this point.
Fundementals are not driving the markets right now, we are still generally in the freak out stage. Play this one tight, but for the most part I see a technical rebound coming soon.