A term I really do not like--it is too much like Black Monday which has dire connotations. The wife and I were down at JCP this morning, and shoppers were lined up 10 deep at every cash register, for what it is worth. All merchandise was well marked and tastefully displayed.A little while later we went to the doorbusters at Sears, and the merchandise prices were not marked, and you were at a loss as to what was on sale unless you were carrying the Sears "doorbuster" ad from the newspaper. They had a table set up with free coffee, but the carafes were empty and the cups were gone, except for three or four used ones. JC Penny impressed us a lot more than Sears Holdings on this Black Friday.What is more, JCP was up 3% today. It looks like some investors are paying attention. Nevertheless, department store stock charts look pretty grimm...http://finance.yahoo.com/q/bc?t=2y&s=SHLD&l=on&z=l&q=l&c=jcp%2Ctgt%2Cwmt This is a two-year chart; pretty enlightening. Are you willing to jump in with that Niagara of negative sentiment?
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