It looks at this point the 5% correction is over...if the market goes higher so will JWN. The SSS numbers from last years were sooo bad that it would be surprising to see anything but an improvement. As well sales of luxury goods are up which would bold well for JWN.

I personally think this market is over bought and has risen on liquidity, not fundamentals. If Bernenke continues to keep rates at 0%, the party continues for awhile at the expence of the dollar and our standard of living. The commodity play is back in full swing. In other words once again the bubble machines gage is precariously close to the red zone...but hey, don't worry, be happy.