Comments about the financial markets, politics and other random thoughts of interest.

Tuesday, April 11, 2006

Update on LIZ

Since we wrote on LIZ , the stock has moved from $34.16 to tonight's close of $39.46. With the recent pullback in stocks, we are placing a stop on this idea at $39. Retail stocks have been losing their steam as the price of gasoline continues to rise and geopolitical fears abound.

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