Talked to a shop owner the other day - he just came back from a manufacturers show and spoke with a bunch of other owners - apparently everybody is being judicious in their spending on new stock for '09.
Makes sense if you wanna stay in business - but I believe people who are of the fishing persuasion are still gonna spend even if they do have to pull their horns in a little.
People need to escape from all this C-R-A-P that's going on and fishing is good for the soul, let's ya forget for a while and makes you focus on the moment...like Raven would say, it's a completely existential exercise.
I think you'll still see biz in fish stuff, perhaps just a little diminished.
Actually, I have a tentative meeting set up with my plug broker, fisher1989, over blackfish next week.
I'm a little concerned over recent drops in wood that I've noticed on The Other Site, but wood has always been a volatile market. Stick with the blue chips if you're into wood, that's my advice.
Certainly not of concern for those of us who have seen these fluctuations in the plug market before. Prices were driven up by speculaotrs - I believe the plug bubble has burst and will return to fishable levels in the near future
You just have to diversify to protect yourself and maintain your net worth...spread your money into tins, reels, rods, ephemera and collectibles - stay away from junk.
It's all this electronic plug trading that will cause prices to plummet uncontrollably - it needs to be regulated.
It's just a slight market correction - sit tight
Threaded Mode