tag:blogger.com,1999:blog-2335748440449035592.post5135997306820067551..comments2009-04-24T16:34:40.077-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-48192317666704312742009-04-24T16:34:00.000-04:002009-04-24T16:34:00.000-04:00Walmart should only be bought going into or during the front end of the recession<br /><br />We are now out of the recession or so says the stock market, hence WMT should go back to being a bad stock<br /><br />Sorry, that was facetious<br /><br />The chart on WMT is facetious and you'd really like to see it north of $50.50 or so to feel any confidence<br />Speaking of which a bad chart of WMT could mean one of two things (a) the consumer is in SUCH bad shape even WMT is suffering or (b) the consumer is recovering and starting to avoid WMT to go back to their old haunts<br /><br />COmpletely different answers depending on which of the above. Now if you believe that stock prices "tell all" you'd go with (a) because all other consumer stocks are rocketing. We will never know until we look back in 4-5 months.<br /><br />Until proven otherwise tax returns and house ATM v 8.0 should be the only spending spurts for foreseeable future. But as always, I could be wrong.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-73751376633426650562009-04-24T16:21:00.000-04:002009-04-24T16:21:00.000-04:00I no that you have WMT on your watchlist as general you might want to buy.. there is some nice pullback in the name.. are you getting excited here yet??Devhttp://www.blogger.com/profile/16840252006233843699noreply@blogger.com