Nice call ....:) I hope the earnings for October does not send us back down. The pattern of late suggests a decline (lower highs with lower lows). I am considering taking some profits from the recent run just to average out my earlier losses. MCD had some sobering sales so YUM may also have to retrace.
Should be well down in the 60.00. How long can the market go up just by reducing the targets for these companies? Sure every company is beating the estimates.....Because they continue to lower the estimates. YUM is not doing as well in China as they want you to think. This stock is overvalued and should decline andr correct significantly.