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To: anon.10 who wrote (132488)5/6/2006 2:07:38 PM
From: sitkapacific  Respond to of 209892
 
The WMT situation is well defined on the weekly chart:

stockcharts.com[e,a]waclynay[d19940901,20061231][pf][iut!ub14!la12,26,9!ll14][J75350006,Y]&r=949

Could be a topping pattern, but it will be clear if it breaks up.

Brian



To: anon.10 who wrote (132488)5/6/2006 5:44:05 PM
From: The Freep  Respond to of 209892
 
Since it's the weekend and some FA talk is allowed, I gotta ask: how do you define improving fundamentals for WMT? You mention problems and say that they'll overcome them all by November of 06. How do you know they'll overcome what you call "image" problems (which is a mix of psychology and FA, I suppose). How do you know that gas won't still be an issue? I haven't seen prices go down nor do I know where they'll be in November. Do you? And how?

Just a couple of the questions prompted by your post....