Thursday, November 29, 2007

"What reaches $100 on its way down will reach $80 sooner or later."?

Sears Holdings Corp SHLD:NASDAQ
Sector:
Services Industry: Retail (Department & Discount)
$104.09
-$12.25
-10.53%
15,534,216 volume
Last Trade as of 4:00 PM ET 11/29/07


Hi everyone!
I remember Jim Cramer saying 1 year ago "Buy 1 share of Sears (SHLD) and you'll be happy!".
Damn he was right! But only 1 share!
If you bought more, like i did, you'll be pretty sad!
I can't belive went under $100 today... And you know that rule... "What reaches $80 will soon or later reach $100"?
Now i wonder if there is a rule of "What reaches $100 on its way down will reach $80 sooner or later."? (remember my words! and i am still a holder...)
On another hand, I salute Mastercard MA that got back into $200 area and I hope NYX will continue to climb little by little.

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