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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (52)8/28/1998 3:43:00 PM
From: Frederick Langford  Read Replies (1) of 43080
 
Last,
With the huge home sales numbers, and the dollar so strong, do you have any thoughts on PIR at this level as a position trade?
They buy their products from Asia with dollars, which should increase their margins. With rates this low, the housing market is flying.
Also looking at BBBY, but the pe on PIR makes it a little more attractive in this environment. Would appreciate your take.
Fred
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