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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Libbyt who wrote (9734)10/26/2002 9:32:48 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
it is right below its 50dma, any move above and I would probably cover for the loss. On the downside, I would look for the recent lows.



To: Libbyt who wrote (9734)10/26/2002 10:24:29 PM
From: mishedlo  Read Replies (1) | Respond to of 57110
 
Libby, I can not remember precicely how that got on my list. Probably something to do with debt and relative weakness in the sector as compared to WMT or BBBY perhaps.

TGT made a quadruple top at 45, a double top at 37 or so, and might be making another double top right here.

stockcharts.com[w,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

Look at the enormous selling volume candle after the climb back up off the recent low. That is atypical of most stocks in this rally.

Notice the trend in long term debt and total liabilities
biz.yahoo.com

Comare that to BBBY (a very nice store growing like mad)
biz.yahoo.com

Look at the cash flows on each one as well.
TGT goes deeper and deeper in debt to grow.
BBBY builds new stores AND raise cash from current cash flows.

I do not know if TGT is GTZ but the chart pattern is weak and it is not growing easily to say the least.

M