Home Depot (HD) Message Board

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Non-Tech : Home Depot (HD)

HD 336.48

-6.0%

Nov 18 3:59 PM EST

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To: val carlson who wrote (51)	9/22/1997 7:35:00 AM
From: Candle stick	of 1169

I took a look at the charts and just as SPEEDRACER said there was definitely a good top reversal put in place a few days ago. Combine that with the fact that they just announced an 85 million dollar settlement on the sex discrimination lawsuit, and I absolutley believe that the short term for the stock is only down. Expect next quarter earnings to suffer by 8 cents due to the settlement, which is a drop of 21%. At least for the short term there are better places to park your cash............;^)

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