03/06/2013 Live Update

[TraderGirl]

In case somebody didn't notice upcoming splits ... http://finance.yahoo.com/news/direxion- ... 00760.html

thanks victorm....

[Kiaora]

Doug Kass just shorted IWM @ 92.30

[Out of Bounds]

Early on this last bar but looking somewhat bearish

Capture.JPG (46.92 KiB) Viewed 16135 times

[Cobra]

here's what might happen after a morning black bar. $SPY
https://stockcharts.com/public/1684859/ ... /286407830;

[L_T]

Poor, poor JCP. Ron Johnson spent so much money to redesign that store.

Answer me this: when was the last time you were in their store? It's been years for me. Department stores are a last-century business model. If I want home/tool stuff I go to a big box or local hardware store. Shoes at a shoe store. Clothes at a clothes store. You get the idea. They failed to specialize and realize economies of scale from that specialization not to mention being eaten from different ends by Wal-Marts and Amazons. Remember Service Merchandise? Zayres? Ames? All gone.

[Platy]

Today is shopping day for gold

[Attacus]

Poor, poor JCP. Ron Johnson spent so much money to redesign that store.

[kenttown]

Doug Kass just shorted IWM @ 92.30

This guy is a fraud, I hope no one follows his trades.

[Xian]

Poor, poor JCP. Ron Johnson spent so much money to redesign that store.

I feel bad for the guy...he came in to fix a dying company....there is no telling whether anyone can save it..??

anyways...there is some support around 13.40ish if anyone wants to take a stab at it for a bounce...

For anyone interested, from last week: A Truly Depressing Visit to JCPenney
http://www.slate.com/articles/business/ ... he+Loop%29

[Al_Dente]

“How Lucrative Are Wall Street Jobs?”
“The short answer is 7x the rest of the USA…”

http://www.ritholtz.com/blog/2013/03/ho ... Picture%29

[Mr. BachNut]

Poor, poor JCP. Ron Johnson spent so much money to redesign that store.

Answer me this: when was the last time you were in their store? It's been years for me. Department stores are a last-century business model. If I want home/tool stuff I go to a big box or local hardware store. Shoes at a shoe store. Clothes at a clothes store. You get the idea. They failed to specialize and realize economies of scale from that specialization not to mention being eaten from different ends by Wal-Marts and Amazons. Remember Service Merchandise? Zayres? Ames? All gone.

Back in the late 80's I was in the workouts business and took an old line department store chain with a great history but left behind the times into chapter 11. It was real sad and not pretty. These things die slow painful deaths. Their real estate and inventory allows them to keep getting financed against collateral even though the business has gone kaput.

[Xian]

“How Lucrative Are Wall Street Jobs?”
“The short answer is 7x the rest of the USA…”

http://www.ritholtz.com/blog/2013/03/ho ... Picture%29

Companion piece? From Scientific American:
http://blogs.scientificamerican.com/gue ... ll-street/

[gappy]

Today is shopping day for gold

Please, buy physical only.

[Tabby]

Poor, poor JCP. Ron Johnson spent so much money to redesign that store.

Answer me this: when was the last time you were in their store? It's been years for me. Department stores are a last-century business model. If I want home/tool stuff I go to a big box or local hardware store. Shoes at a shoe store. Clothes at a clothes store. You get the idea. They failed to specialize and realize economies of scale from that specialization not to mention being eaten from different ends by Wal-Marts and Amazons. Remember Service Merchandise? Zayres? Ames? All gone.

I shop there all the time for casual clothing. As matter of fact, it is updated pretty good but store is small and can not provide the needs of all people. He is doing too much for renovations from floor to the ceiling.

[KENA]

I will be waiting for a while on any up dates on 3 Peaks and Domed House charts and info..I follow 5 different so called experts on this and two of them are backing there charts back and 3 are holding tight and waiting for the charts to catch up..The opions now are, in the past the timing model of the series of months have all worked out but now with all of political interference of the mkt the present timing is not working .They say the charts are are ok but the timing is way off.Soooo I say this is not good info any more so I am forgeting about it for a time until things get corrected if they ever do.Lets wait and see.

[uempel]

Good support around 1535ish. My assessment: slow deterioration until 1:00 p.m. and then a new attempt at 1545...

[L_T]

Poor, poor JCP. Ron Johnson spent so much money to redesign that store.

Answer me this: when was the last time you were in their store? It's been years for me. Department stores are a last-century business model. If I want home/tool stuff I go to a big box or local hardware store. Shoes at a shoe store. Clothes at a clothes store. You get the idea. They failed to specialize and realize economies of scale from that specialization not to mention being eaten from different ends by Wal-Marts and Amazons. Remember Service Merchandise? Zayres? Ames? All gone.

I shop there all the time for casual clothing. As matter of fact, it is updated pretty good but store is small and can not provide the needs of all people. He is doing too much for renovations from floor to the ceiling.

I think you are keeping them afloat single-handedly

[Cobra]

members only update at 10:07 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[Cobra]

double bottom or not, let's wait and see.

[L_T]

Today is shopping day for gold

Please, buy physical only.

I bet Trader Joe can get you some nice American Gold Eagles......