The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: kailuabruddah	3/9/2005 11:20:27 AM
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SBUX may be a good short candidate... - plenty of overhead resistance here - rally from 49 up to 55 has been on very weak volume - currently struggling at its 50-day MA (which is heading down) - coffee is in an uptrend (i.e., their cost of raw materials is rising) - short interest ratio has dropped from 4.83 days in December to 1.97 days today (see www.nasdaq.com) - plus it ain't cheap at 39 X next year's estimated earnings - and are they really going to be able to expand dramatically overseas?

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