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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (41979)4/3/2001 9:12:14 AM
From: Wes Stevens  Read Replies (1) | Respond to of 56535
 
Max, they just showed a chart of one of your old fav's mstr on cnbc. Cramer was saying it is still a short at 2 and change.



To: LTK007 who wrote (41979)4/3/2001 7:04:53 PM
From: ajtj99  Respond to of 56535
 
Max, I'm not up too much on the retailers, but I do know Home Depot and Lowes are pretty over-valued. Walmart will still do well. I'd short HD and Lowes right before the next interest rate cut.

Best Buy, like most consumer electronics retailers, depends on hot items to pull in the numbers. If DVD-RW players get cheap, that could be their next VCR. Barring that, i don't see too many catalysts for them the next 9-months. Phones, VCRs, appliances, computers, peripherals, TV's, Palms, Cell Phones, and digital camera seem pretty saturated right now.

Retail is still going pretty good. I wouldn't count it out quite yet, Max.