Safeway, Inc. (SWY)

[JJ8]

I shopped there yesterday and I agree with you as to their employees. But what triggered me for checking the technicals this morn way their wide range of products and dependibility. They also have home delivery which is a good feature especially with the growing number of relatively affluent old population.

Checked the charts and based on my observation it appears a consolidation close to the bottom (pricewise) is beginning here. However, the P&F Pattern assessment is still no good. There was a Triple Bottom Breakdown on July 19th and the stock could be good at this time slow and GRADUAL in phased buying (my style) and accumulation for the long term. I may start to do that in the long term portion of stocks in my portfolio. Good luck