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4 Comments:
We'd love to have eaten some of that California Pizza. CHS also had a big two day move.
Bottom or no bottom, there's money in those retailers when the mood swings and the shorts have to cover.
CHS 5 year chart looks like a H&S.
I don't know if I ever told you that I actually went to that store. No customer service. And the clothes were very boring.
I don't even want to talk about CHS. Good luck to you recouping your losses on that.
I did OK, but certainly didn't get out soon enough. I am not pushing CHS, but rather looking for the retailers with the most potential to move up a lot. The small companies are very risky and can turn out to be failed models. CHS could be one of those. Crispy Creme was. California Pizza could be one.
But as you know, I am not a true investor in those stocks. I have my own favorites. I like Tech and I like a special situation here or there. I liked Asia, but certainly got my fingers burned this last week.
The real buy signal will be when the interest in the market goes very low.
hot! keep em cumming
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