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Message Boards Settings Nordstrom, Inc. (JWN) - Quote Info
33.92, consumer credit and unemployment at 10.2      6-Nov-09 08:42 am    
that's what is apt to take jwn down from here

I can't trade it unless it lingers, since I just moved my loot from one account to another; should have used a money order, dang!

33.75 was approximately resistance

someone was looking at the sp500 resistance. the chart went below the moving average and back up to it. So the sp500 has just approached the moving average (I think they were talking 50 dma) from the underside. That's a resistance point, as well for the general market.

Will jwn climb with a sell off? No, I think its a good short. I would take a position, decent one and watch it fall to $25 per share.

jmho

I'm wrong half the time. That's what stops are for.
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piezodude

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33.92, consumer credit and unemployment at 10.2
piezodude Not rated 6-Nov-09 08:42 am  
 
Unless you think the sp500 breaks to the upside, j...
piezodude Rate it 6-Nov-09 11:27 pm  
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Nordstrom Inc. (JWN)

Chart for Nordstrom Inc. (JWN)
On Nov 27: 34.02 Down 0.81 (2.33%)
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