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Pier 1 Imports, Inc. Message Board

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  • flyingzorbaman flyingzorbaman Sep 3, 2010 10:37 AM Flag

    This is hilarious.

    I say shorts will be hesitant to keep the trade on over the long weekend. M&A activity, good data, oversold market, historically low P/E multiples -- all these point toward danger for shorts.

    A well-reasoned case can be made for going long into the weekend. Institutions may decide to accelerate the money flow from bonds and into equities, and so buy hard on Tuesday.

    Let the bond bubble bust. Let the next leg up in equities begin.

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