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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 (14524)	9/12/2008 10:25:56 AM
From: Smiling Bob	Respond to of 19257

Retail sales down International recession being discussed Gas down Where does V go from here? Forward P/E (fye 30-Sep-09) 1: 25.17

To: Smiling Bob who wrote (14524)	9/12/2008 11:55:56 AM
From: Smiling Bob	Respond to of 19257

Visa (V) NewsBite - V Falls on Weak Retail Growth Thursday 09/11/2008 10:08 AM ET - Freshbrewedmedia Related Companies Symbol Last %Chg V 70.66 -0.41% As of 11:55 AM ET 9/12/08 Visa (NYSE: V) opened at $67.41. So far today, the stock has hit a low of $67.05 and a high of $67.73. V is now trading at $67.57, down $1.47 (-2.13%). Over the last 52 weeks the stock has ranged from a low of $55.00 to a high of $89.84. V shares are trading lower with other credit card companies this morning after SpendingPulse reported that U.S. retail sales excluding cars rose 0.4 percent in August, down from a 1.0 percent gain in July. The news has investors worried that a weak economic environment could lead to weak consumer spending through the remainder of 2008. Technical indicators for the stock are neutral and S&P gives V a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on V the stock seems like it could be a candidate for an October out-of-the-money bear-call credit spread above the 80 range. ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock