Ya terry its really difficult to spot a bottom in lulu I think the Dow
needs to find a bottom at this moment. Many major companies are over
sold right now looking at the technicals. For the mid to long investor
I dont think you can go wrong buying in right now. Buy on bad news
sell omn good right..thats how you make money in this game. When we do
level in the dow look for some major buying not only in lulu but the
big companies especially. Honestly I dont mind waiting a few motnhs
for all this to play out..but those 10% drop days are tough to take.
If you are a short tem investor I suggest you sit in cash for a bit.
Mid to long start buying on the dips. I love markets like this. A
chance to load up

I am wondering if Lulu is not telling us much about Dec sales in an
effort to reward the IPO shareholders with a good news boost when
their shares come due? Thoughts? I agree with Schmidts take on the
lack of usefulness of announcing, certainly this week, until the hype
over the recession calms down but could it be more as I am suggesting
above? Let's face it, Lulu owes it's IPO Shareholders and not us.

Well the time to reward those IPO shar holders would be to inform them
of wicked Dec sales info ON Wed at the conference so they dont panic
and dump there shares only to have them boounce in a quarter or two I
would think...I do understand the rationing of releasing great news
amongst all the negativity..It would get swallowed up and lost...we
will see how tomorrow plays out. Like I say..slowly adding on the
dips...I am a mid to long on this one so I feel this is an opportunity
to acquire some shares. Cheers

Good call Terry!  Looks like you were right with the conference - got
some investors interested.  Now let's hope 31 was the real bottom.

I just missed out at when it was bumbling slightly above 31.  My limit
was 31.  When I realized it and changed it I was too late.  Now I'm
just watching from the outside.

Im sure we will test support in the low 30s againn so you may get your
chance. I aways suggest buying or selling in increments - a little at
a time. Especially in a market like this. We can never spot the true
bottom or spot the ultimate high..but if you can protect your losses
and maximize your gains...and especially be disciplined you will be
ok. Trust the fundementals try to leave emotion out...impossible i
know exspecially if you fall in love with a stock..your screwed.
hahaha thats my problem.

You end up beating yourself up over it daily. Nothing wrong with
sitting in cash right now. Until we get a clear support developed in
the DJIA. Once we do We will see some serious institutional money
thrown our way. There has been no clear buy signal given from the
technicals so maybe not a bad thing to do watch. I added a bit at the
32.00 and high 31.90's. we will see what the next few days brings.

Now the fed has stated slow growth in most sectors...mid to long
investors may see some huge gains unfold here this year. The fed will
cut rates again! These major oversold condition dont last in a
situation like that. I believe the market will settle very soon and we
will see some nice gains in many companies...especially lulu..we may
bounce around a bit but the mid to long investor here in lulu  will be
profitable..thats a certainty!

good luck longs..be patient!