If you are selling today could you give your reasons. I have a god profit in this stock but I have to try to understand why anyone would sell on the report just given. You may have good reason, I would just like to know what the thinking is on this stock.
Great reports on many stocks today.....after the market has had a HUGE run this week.
This run that the market has been on, can't be sustained.
Europe is still a mess.
Smart money is SELLING into this rally.....to unsuspecting SUCKERS.
DE is headed DOWN from here.......along with the overall market.
BTW.....look inside the job numbers......that report was NOT good. The labor force shrunk by 300,000 people.....and that's the ONLY reason that the unemployment rate was below 9%.........and smart money knows that fact.......and they SOLD into this morning's rally.
I get what you are saying about sell the news but I would have figured that would have been done within the two days of the report. I do think this is some profit taking but it seems to me it is a big seller wanting out rather than the overall market selling the news. You may be right though. If it sells off even more next week I will agree with you.