Replies to post #100659 on Zeev's Turnips Patch-No Politics (ZEEV)

[wstera2]

19:03 ET Furniture Brands reports Q1, guides Q2 and full yr below consensus (FBN) 21.20 +0.20: Reports Q1 (Mar) earnings of $0.52 per share, in line with the Reuters Research consensus of $0.52; revenues fell 3.2% year/year to $613.8 mln vs the $618.8 mln consensus. For Q2, co sees EPS of $0.47-$0.50 (consensus $0.57). FBN now sees full yr EPS of $2.00-2.05 (consensus $2.32). "Based on incoming order trends and discussions with our retail partners, we see no signs of improvement yet in the current business climate for the near term."

[Paul A]

Heya Jerry! Totally forgot to give you the congrats you deserve on calling this market over the last few weeks.. Hats off to you my friend.. I thought for certain your TA was going to fail this time : ) : )

Your bullish readings kept me from making some mistakes I would be regretting today and I thank you for that as always. The odd thing is that the few shorts I have are still not hitting my stops.. RSAS came within pennies but even that failed today. Id love to see a small dip here in the next few days so I can start lowering these stops.. I already counted the positions as loses and now I can only make rather than lose if that makes sense in a warped kinda way!

Of course there are stocks like CUM, CAT, INTC that I wanted to short at much lower levels that now are even more attractive.. but I may just have to sit it out as this market sure proved it has alot of buyers looking to jump in as soon as the momo got started.. Ill probably just stick with the story stocks like ICN and APT just to make myself immune from the ups and downs of the indices..

anyhow- good call man.. buy yourself a bottle of wine and some filet mignon.. send me the bill : )

[TREND1]

waiting for a retrace.