Tuesday, March 21, 2006

Coach COH

A tame producer index is the news this morning. Gold sells off then rallies, stocks rally then fade. Silver has a wide range today, closing at a new recovery high.

Another stock I am looking at is Coach (COH chart), the maker of luxury handbags and luggage. The valuation is a concern for a company with a $14 billion market cap. However the chart looks nice, and earnings keep going up.

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