Costco, slow but sure? Message Board

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Non-Tech : Costco, slow but sure?

COST 922.53

-0.1%

Nov 7 9:30 AM EST

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To: Mel Fox who wrote (688)	9/2/1998 3:56:00 PM
From: Paul K	Read Replies (2) of 1147

Bet you are glad you didn't buy on margin? I got stopped out on this one. COST just wasn't tracking the DOW today so it was looking shaky in the AM, and when I saw a couple ~800k blocks trade i knew something was up. It had a very strange trading pattern after that like shorts placing orders and then just fell under the weight of the dow slipping. Has anyone seen any news? Now we can say its value priced! I just dont know when to re-enter, probably should have put in an order at 45. Other retailers like HD, WMT & KM had a rough day too.

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