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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (13193)3/4/2008 7:49:11 AM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
SHLD - Cramer refuses to give up on pumping this. Can't wait for his cancellation. Shld come after mkt crashes and deep recession.
Not paying for this, but guessing where it's going.
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Retail's Odd Little Move

By Jim Cramer

About this article:
Annoying little rally in retail today. We have a bunch of retailers reporting this week, including Urban Outfitters, Costco and BJ's , and it's always bad news in this market when a group runs ahead of earnings because, unless it is oil, gold or ag, there's not going to be enough upside to propel stocks even higher. It is true that these stocks may be so low that they can still be bought after the big decline on Friday. Notice the buyers are back in Penney, Sears, Wal-Mart -- I like that one here -- Nordstrom's and Costco. Like to see that group ramp, but I would also like to see some reason for the ramp other than valuation. It is possible that some traders think that the odds of a bigger rate cut have increased, which is good for retail down the road, but...