Limited has been a hot stock for 2 years now. I think the run will end when the company announces earnings tomorrow. All hot streaks end, and for LTD the weak guidance it offers tomorrow will be a signal to sell. Tere is no way the company issues upside guidance again. Impossible.
Maybe so...but why fight the trend? Stock trend, earnings trend, spec dividends, low p/e, good growth, solid business...I am not trying to guess what earnings will be, however fighting this trend is riskier than going long.