my fault. meant to write, 70% of S&P has beat earnings. think about this one logically. 15% off highs. No department store retailers have missed. 70% of S&P has beat. do you really think there is more downside risk than upside risk?
the only thing that appears "amaturish" on this board is you and your buddies great spelling/typing skills.
So you're telling me that SHLD beating earnings is already priced into the stock? LOL! I would argue that the market is pricing in an earnings miss. But we will see if you are right when you cover your short on 10/8.