Augie- thanks for your thoughts. I see much of the same thing in the charts, though I've been struggling with some FA vs TA stuff on TGT. I have found it intersting that the latest round of warnings from Target haven't impacted the stock price more...huge unsolved problems with Mervyns brand...and much more. Also would have thought that with all of the Walmart bathwater thrown out recently, there would have been more of an effect on TGT price. Just seems like now would be a clever time to leave that long channel in a more meaningful way.
regards,
pants
"A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines."
Ralph Waldo Emerson