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Gitanshu Buch wrote:
> >thoughts about KM they'd care to share? Gitanshu
> >perhaps?
>
> Looks like a good short to me right now, as long as some sort of risk
> tolerance exists for furious short covering rallies.
>
> Upside risk to $8.60 - $9.00
> Downside benefit to $0.00 or Chapter 11 bankruptcy, whichever comes first.
>
> Gitanshu
GB,
The K-Mart natal chart works like a charm. Last major low was when
transiting Saturn conjuncted K-Mart's Sun in Pisces about 4 or 5 years ago.
The Sun is the Authority figure in
a natal chart and also earnings power for a corporation. KM was on the verge
of going bust then.
They ejected the CEO and the stock turned around and ran from 6 into the
teens. Saturn transiting
a conjunction to a company's Sun position is one of the most powerful cycles
there is. It usually produces a major change in trend for both the company and
the share price. Start watching all those
Gemini companies for the next two years as both Jupiter and Saturn are headed
that way. By the way, Saturn in Gemini will not be beneficial for K-Mart as
this will also be forming a negative
90 degree angle to K-Mart's Piscean Sun.
Cheers,
Norman
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