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The Home Depot, Inc. Message Board

  • bluebloodedtrader bluebloodedtrader Oct 25, 2012 10:57 AM Flag

    Income Fund of America sold 39 million shares

    the deal is the shares practically doubled in th elast six months..they are way overbought and need to correct through some normal profit taking-my guess is the shares will retrace 50% of their gains, making a $45 to $55 range a great buying opportunity...besides, HD stores have been like empty caverns lately, customer traffic is vanishing.

137.86+1.55(+1.14%)2:40 PMEDT