Sergio, re: FIMG, it was a ratdog pick-up at the 52w low, I sold all those cheap shares long ago, all I can do now is day trade it, and on days like today, it has a nice range..The report today caused a nice move..
As for Goldy & Lehman, it's the white shoe club ;-> all we can do is play tag-along, but it usually works, just a constant rotation.
Remember, they sell from inventory, and build same when that inventory is on sale.
Business 101..
Looks like HDI can't hold 54, or 50...
Also, that short list in housing we were talking about, I would add HD to the mix. I have done walk-arounds in several area stores, and they are doing poor sales. Plus, they are over-building. They ain't a WAG or WMT store, where people are in them once or twice a week.
The local Menards stores are doing better, and I see signs that say they will give you and extra 5% if you cash your tax rebate check there.
I would probably buy some HD 45 & 40 puts, the only question is how long to go out??
The grains have been going nuts the past few weeks in the futures markets...don't remember where I mentioned that they were cheap, anyway, easy money due to the drought conditions in some parts of the midwest. |
