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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (119579)4/30/2008 4:00:27 PM
From: Live2SailRespond to of 306849
 
Chancels,

I think Ross is the place you shop when you can no longer afford Macy's or Bloomingdale's. For a while Ross won't show weakness. That's my guess.

Which, on second reading of your post, you have also concluded.

L2S



To: ChanceIs who wrote (119579)4/30/2008 4:39:10 PM
From: PerspectiveRespond to of 306849
 
I went ahead and covered it a while back. I work on the basis of force-feeding my exposure into stocks trending the way I want them to, and when I feel overexposed, I cull the ones that aren't working out - unless they are just absolute core holdings for me. Plenty of retailers are going down or at least staying down, so I'm getting my exposure through them.

I've been trying to force more exposure into no-name companies that are just breaking onto the 52-week low list. It's a work in progress. Some of it doing OK - like SVVS - some not so well, like NAVI (nothing but losses, debt, and no assets - why it isn't already zero I can't figure, but I'm building the position)

`BC