DerekD_

$M - Might be a good time to buy? Just guessing

Long
NYSE:M   Macy's Inc
Even after the earnings beat I wasn't really big on the retail sector as a whole. Seeing a change in regime across large cap retailers like $TGT or $WMT where the growth & value seems like it's shifting towards the more overlooked tickers like $KSS, $M, ($JCP still getting beaten but I'll keep on watch just in case). Price crossing below 3 year (low) WMA was the start of a 3 & a half year, -70% run down. Seeing a change in regime like this would be exciting for any retail / consumer discretion contrarian. Contrarian or not though - Long.

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