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Value Play in Retail? I Think Not

By Jim Cramer

About this article:
AnnTaylor's good quarter had some real pin action. Amazon's bouncing! Look at those Sears buyers! JC Penney tenaciously clings to the upside. You have to admire the buyers of TJX and VF Corp , they won't quit. Same with the Jones buyers. Ralph Lauren's on the move, and going up! Best Buy hasn't looked this good in months. Home Depot's got the great rally to go with the great chart. Who doesn't like Costco ? Gorgeous action in Wal-Mart ahead of tomorrow's quarter. Decker is back! How intrepid! Sorry, I continue to believe that the headwinds here are immense. There's just a very rough road ahead, and I just can't get my arms around the bull case beyond the $600. Some of the buying is hopeful, meaning that oil is peaking and we are going to see a...

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