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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (9199)3/10/2002 9:49:43 PM
From: Frank Pembleton  Read Replies (2) | Respond to of 36161
 
A couple of notes from this weekends shopping spree... Lots of folks walking the floors at Walmart, hardly anyone at Zellers. A few folks were buying up deeply discounted items at Sears, and no one at The Bay? Amazing this store is still in business ... I don't believe it will be for much longer. It can't be! Fwiw Sears is being really aggressive about it's sales. The Craftsman line of tools is on sale at 50% off? Lawnmowers? Yes, lawnmowers, deep discounting and spring hasn't even arrived yet. Need a new table saw? They’ve nocked $200 off the going price. This is got to be killing their bottom line, and I’m sure it’s absolutely destroying the bottom line of their weaker competitors.

Look for ST weakness in the share price, but look for it to rocket when one of their competitors flip to the belly-up position.

Chart:
finance.yahoo.com

Regards
Frank P.



To: Frank Pembleton who wrote (9199)3/10/2002 10:17:25 PM
From: ldo79  Respond to of 36161
 
FP - I think you might have to adjust you timing should the futures trend hold 'til the morning. Check out Apr. crude, HO & unleaded.

mrci.com

Regards,
ldo79