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IBDvalueinvestin (99.66)

Since the economy is rebounding, are discount retailers shorts now?

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March 20, 2009 – Comments (6)

If you look at this link of discount retailers you will see they are all down in an up market. So I am assuming others are thinking what I am "that they could be shorts now with the economy improving"

 

http://finance.yahoo.com/q/cq?d=v1&s=WMT+COST+BJ+DLTR+FRED+fdo+NDN

6 Comments – Post Your Own

#1) On March 20, 2009 at 12:26 PM, edwjm (99.88) wrote:

Who says the economy is improving???

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#2) On March 20, 2009 at 12:32 PM, IBDvalueinvestin (99.66) wrote:

The stock market is up 20%??

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#3) On March 20, 2009 at 12:40 PM, edwjm (99.88) wrote:

Pom-poms for Wall Street, Kleenex for Main Street.

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#4) On March 20, 2009 at 12:42 PM, IBDvalueinvestin (99.66) wrote:

If you agree they are shorts click recommend to this post.

If the recommends get to 10+ then That would mean they are shorts.

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#5) On March 20, 2009 at 1:19 PM, IBDvalueinvestin (99.66) wrote:

 Would not buy ahead of Existing home Sales Monday:

 

Date

ET Release For Actual Briefing.com Consensus Prior Revised From Mar 23 10:00 Existing Home Sales Feb
NA 4.45M 4.49M Report this comment
#6) On March 20, 2009 at 2:11 PM, briyan (31.87) wrote:

The stock market is not the economy.   I personally think both are headed further down at this point in time.

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