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


To: Jorj X Mckie who wrote (51183)3/11/2004 12:10:13 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 57110
 
thanks!

:)



To: Jorj X Mckie who wrote (51183)3/11/2004 12:41:31 AM
From: Libbyt  Read Replies (2) | Respond to of 57110
 
...and then it will be a sell the rally sitch.

Maybe a "sell the rally" for a couple of days, through options expiration...but a rally at the end of the month?

Today it seemed like the feeling was "good news is bad news" and "bad news is bad news". Not many "positives" to be found in the market today.

Target was up in after hours trading based on the news that they are considering selling Marshall Fields and Mervyns. From their press release: "Target said the review is still in its early stages and "it is not yet certain that any transactions will occur as a result of this review.

"Additionally, if this review results in one or more transactions, it is possible that a meaningful accounting gain or loss would result," the retail chain said."

(Does that statement cover all possibilities, LOL!)

Even though Target was up in after hours trading, I'm not sure if this news will help Target close higher tomorrow during the regular market trading. I currently own Target, and I'd love to add some more shares....but I'm looking for a good entry level to be a buyer of more shares.