SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (181900)2/4/2009 10:29:02 PM
From: ChanceIsRead Replies (2) | Respond to of 306849
 
RE: ROST

You sure reached way back to tag me on that one. The IBD always suggests cutting your losses at 10%. I failed to do that on ROST. As soon ad I got out, it dropped like a rock. I can see why you think there is a good entry on the dark side here.

I would want to go back and look at the whole retail sector again. I just short Macy's now. ROST does sell to the frugal market - a plus in these uncertain times - but it is all bricks and mortar - with expansion plans as I recall. Bad timing for that.