JCP's Ron Johnson pulled out Millions from JCP and Investors yawned thinking this was their ticket to Heaven. Then we found out JCP was not a winner...we now have same scenerio here on JWN, you see all Retailers paying Shareholder Special Dividends, but JWN's Nordys only paying themselves $1/2 Billion in last few weeks.
You have to be nuts to hold this Ponzi Scheme. Take a look at a fair Retailer like DDS.
I don't do so well switching in and out of stocks for the moment. I have been better off just doing the long term approach, and buy and sell at good moments the same stock, except if some real bad news hits that changes the whole game plan.
So, down here, I like this price for the holiday season. Should have pop. I will worry after NY what happens.