Monday, November 2, 2009

Peet's Indicator

Peets is losing it.  They have been on sale twice in the last 2 months at the local store.

Now they are desperately willing to do anything to keep the profits rising, even paying a 28% premium to buy another coffee company.

Hands the bull retrace winds down....uppers will become lambasted and downers will become embraced.   

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Insightful and Useful Comment!