typar constuction sheathing amongst other things. Couple with MMM warning last week this sets up a situation where the manufacturers of many products home depot sells are warning of weaker sales going forward while home depot has a very high price to earnings ratio so somethign has to give imo
mmm sells masking tape wall hangers roofing materials sandpaper safety glasses electrical connectors anhesives etc...
market likes to "fool: small investors that is large stakeholders "Hold their nose and BUY on BAD news" because if they sold they would lose their massive investment in the stock. But in cases like these they mark the stock for DISPOSAL that is in coming days the stock will go up less than the overall market and it will go down more on down days than overall market. Smartest thing to do is what the other poster said that is if you have any shares sell them on the big stakeholders nickel at the best prices because most likely the price of the stock will be falling.. It is at 98.50 ah now I will reference this post in a few days to prove to you I know what I am talking about. The pe 27 is way to high for a company whose revenues are not rising...
are growing so rapidly
Looks to me like UPS is losing market share to fedx usps and other carriers...
Samsung has the #2 and #3 top selling phones combined they sell more than iPhone and andriod phones of course are greatly increasing market share against iPhones
and also PROPRIETARY and CONTRAINING !
abercrombie / hollister learned a lesson as did american eagle and coach and blackberry
apple on deck
to buy stocks look out below !!!!!!!!
*** I'll tell you This***
If a market is pumped and dumped TOO many times on SUCCESSIVE days, it causes the buyers to run out of money to buy the pump.
This market has dropped about 75% or more of the time for the past several weeks so a few more of these without a decent higher close will set the stage foe a massive correction this is common sense do you disagree ?
But the rapidity of the downturn indicates the eagerness of big money to get out of this market ASAP do you disagree ?
aapl is around 13 or so I will REFERENCE this post when it breaks 120 to prove to you I know what I am talking about...
I am thinking the capitulation point for aapl will be when it breaks 119 that will be where margin or house calls will be triggered en masse. I would not want to be in aapl when that happens