Slightly overbought but still overbought and going into earnings. Who in their right mind is going to be an overbought stock this close to earnings when the earnings are expected to be less than great?
Great company and many got in at the low on July 1st this month but what makes people think that is the low this year?
I have a strong buy set because I have buy orders in place but not at these prices. If I bought near the 52 week low, I am not going to pay more than that in this economy. I am looking for new lows.
DOW is going down and might even crash again.
BTW, why pay more than insiders are selling for in any company?