To: Friends
Subject: who is buying this stock
Saw a good post tonight on Home Depot...
http://stockcharts.com/h-sc/ui?s=HD&p=D&yr=3&mn=0&dy=0&id=p90711668046
Does RayJay have an analyst that follows HD? What are their thoughts? It is literally only 20% lower than it was before the bottom fell out of the property market 2 years ago... I was at Lowes today and there wasn't a single car/truck at the loading dock...not even any parked down there. I remember in 1999 when I was the loading dock guy at Home Depot in Mandeville...I barely had time to gather carts they were so busy down at that end...anyways... Looks to me like a great short candidate once this summer rally is over...prolly same for all consumer discretionaries.
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