07-10-2007, 07:09 PM
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Registered User
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Join Date: May 2007
Location: D' burbs
Posts: 1,493
Rewards: 40
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Shld & Hd
Sears Holdings was crushed 10% today after the retail meltdown. Stock has had a huge run over the past couple years and it may be time for the long term folks to take their money and run. Eddie Lampert has done a great job using it as an investment fund but let the stores get worse when most people thought they were pretty bad to begin with. Keep an eye out for the slide.
On the other hand, Home Depot didn't flinch after lowering guidance. Good sign for a uptrend but I wouldn't expect it near term.
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