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Non-Tech : BBY -Best Buy -- Ignore unavailable to you. Want to Upgrade?


To: Ron Kline who wrote (591)11/4/1998 9:23:00 AM
From: Debra Orlow  Read Replies (1) | Respond to of 980
 
Hi Ron, you may be right, for the long haul, and possibly for today. I am basically a technical trader, in and out quicker than most. Looks like I'll get out today at break even, if the price tells me to. Thanks for your thoughts. Deb



To: Ron Kline who wrote (591)11/4/1998 10:58:00 AM
From: yard_man  Respond to of 980
 
I think the bet on a slowdown in consumer spending will be a good one to make after Christmas. Looking at the chart of BBY -- I think you would be wise to lock in some profits before Jan if you've held for what has been a very good rise. Spending continues to outstrip earnings growth by a good margin -- can't go on forever especially if there is a slowing of our economy. FWIW.