I would raise your entry price and, do believe it is an excellent stock to enter. Several growth engines with very good potential to help on the margin front. If you get mid to high fifty's I think you'll be very lucky. If you want to talk bubbles, gold has to be topping or at least slowing, in my opinion so that issue should abate. Also, they have managed this in the past, nothing really earth shattering, lots of flexibility with product options, design, smart management, resilient customer type, etc. etc,. I sold my trading position and plan to never sell my core position. Will look to add another trading position in the near future.
Don't forget with an improving economy, we will get stock MULTIPLE EXPANSION, especially for a premium and classic brand like TIF. Plus, I believe you will have more, and NEW money chasing stocks in 2011, that should add to the multiple expansion.