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Horace Kent
05-19-2009, 01:37 AM
Zales........that's right boy-o's........It marrying season.

And, aside from what we already know bout ye ole economy..........young boys and girls will still get married........

could be a "value" play, by that i mean instead of mid or high end stores.......Zales could see better traffic as consumers trade down.

Decent chart. Good rally, strong consolidation, and price threatening previous high. Lots of potential perhaps.

Just popped up on the screen today. We'll see.

http://i40.tinypic.com/2cfd3wm.png
Stay Liquid
05-19-2009, 02:05 AM
Don't engagement rings cost a lot more than wedding rings? We need to time this buy around engaging season! (whenever that is...)
Pawtuckett
05-19-2009, 01:21 PM
Don't engagement rings cost a lot more than wedding rings? We need to time this buy around engaging season! (whenever that is...)

Yes....YES, they do. Lol. For the most part, anyways. You can find expensive wedding rings just as easily as you can find expensive engagement rings. Lord knows my fiancee's wedding ring will be MUCH less expensive than her engagement ring. :mrgreen:
timvic
05-19-2009, 08:10 PM
The trend is nice, looks like it is going to break the resistance around $5 soon.
Stay Liquid
05-27-2009, 01:55 PM
Yikes, bad earnings report today, down about 15%....
Horace Kent
05-27-2009, 04:55 PM
yeah, that's a haircut alright.........still holding 4....though....but, its on the verge of being lost to months and months of consolidating
arov
05-28-2009, 11:12 AM
I was in for 4.40 and missed the moment to get out. I have intention to hold this for long and I’m new for trading/investing, so I need some advice on good practice. How far typically stocks fall after not “pretty” earnings report? I don’t know if I should keep my position or get out.
jlcnuke
05-28-2009, 08:01 PM
Recent support level for ZLC seem to be around 3.5, with the notable exception of just under 3.

If 3.5 breaks i'd expect a quick drop to around that 3 mark.

Whether to hold on depends on your risk acceptance, personally I would have stopped out from 4.4 long before now. Always set your stops.
Horace Kent
05-28-2009, 08:08 PM
Still in an uptrend......but, probably due for further consolidation..

Found support today at the 50dma.

TIF reports tomorrow, so that will certainly provide momentum either way.

If TIF rallies strongly, and ZLC drops below the 50dma......I will stop following it.