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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (85857)11/15/2003 12:01:24 PM
From: The Freep  Read Replies (1) of 209892
 
Ski -- <<I suspect that the WMT problem is not specific only to them. >>

Keep in mind that WMT said that sales would be up this year and up during the holiday season. Going forward, they didn't see growth quite as high... but WMT is a unique retailer, don't you think? They grow based on supercenters and saturating the world. I don't know the TSA story, for instance, but I don't think they reasons WMT sold off will be the same factors as cause a TSA selloff.

Mind you, I can't understand why S keeps rising, nor do I understand why so many retailers do... but the fact that they didn't all sell off on the WMT "issues" should cause you to look more closely at the WMT "issues" and really see if they are relevant to the smaller and niche retailers.

the freep
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