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$22.50 -0.30 (-1.32%)
11/18/2008 4:00 PM

Blue Nile, Inc. (NILE)

CAPS Rating:
**

An online retailer of diamonds and fine jewelry. The Company also provides guidance and support to enable customers to learn about and purchase diamonds as well as classically styled fine jewelry.

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Avatar elmerray (< 20) Submitted: 6/27/08 6:31 PM : Underperform Start Price: $46.01 NILE Score: 19.17

NILE's p&f chart looks terrible. The Bearish Resistance Line is in charge of the chart. Support in the $39-42 area. With this market environment, I'd avoid NILE on the long side and think it's a good short.

http://stockcharts.com/webcgi/Pnf.asp?S=nile&N=A&C=2

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