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If anyone is out there, here is what bugged me about the earnings call - i get that retail and the manufacturers had a tough quarter with only a few exceptions. RL and KSS got clobbered yesterday as well. But their prepared remarks read like the sappy family Christmas card that you get that makes you roll your eyes as it bloviates about how wonderful the family members did over the past year, but in Hanes' case, they only did as well as everyone else. They were not an exception. It was a bad quarter, period. They are not fooling anybody. Just be honest. Ha, and the insiders need to buy some stock now.
From ElliottWaveTrader: HBI appears to be in a 3rd wave up from the September low. I would still like to see the .618 extension at 31.70 reached to complete wave i of 3 though, before a pullback in wave ii.
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