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The Home Depot, Inc. Message Board

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  • davesmith49 Mar 4, 2012 6:45 PM Flag

    time to sell?

    Like Cramer says, I never get in the way of anyone taking a profit. But the way I see it, as long as the broader markets are in good shape HD will participate or outperform. Oil prices are pulling back some. We should have a good job report Friday. It's a good setup for the S&P. We will likely see HD over $48 by the EOW, maybe $48.50.

    2012 is the year of the blue chip. We've had a lot of confusion and turmoil with markets that the general public doesn't understand. They want to get back in, but are a little scared. They will want to buy something that is well run that they understand, nothing speculative. I'm holding until I see something wrong with the economy or broader markets.

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