Nordstrom Department al Store(NYSE:JWN)

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States.
The company offers a selection of brand name and private label merchandise. It sells its products through various channels, including Nordstro full-line stores, Nordstrom Rack off-price stores, Last Chance clearance stores, and Jeffrey boutiques; and through catalog and the Internet.
Nordstrom, Inc. also provides a private label card, two Nordstrom VISA credit cards, and a debit card for Nordstrom purchases. Its credit and debit cards feature a shopping-based loyalty program. The company also designs and contracts to manufacture private label merchandise sold in its retail stores. As of March 19, 2010, it had 187 retail stores located in 28 states. The company was founded in 1901 and is based in Seattle, Washington.
TOP Instituitional Shareholders @31Dec2010.
MARSICO CAPITAL MANAGEMENT, LLC=10,863,583=4.96%
VANGUARD GROUP, INC. (THE)=8,605,227=3.93%
WELLS FARGO & COMPANY=8,379,373=3.83%
Ameriprise Financial, Inc.=7,599,467=3.47%
STATE STREET CORPORATION=6,266,514=2.86%
FMR LLC=5,492,526=2.51%
WELLINGTON MANAGEMENT COMPANY, LLP=4,882,149=2.23%
FISHER INVESTMENTS, INC.=4,156,736=1.90%
BlackRock Institutional Trust Company, N.A.=4,044,926=1.85%
TIAA-CREF INVESTMENT MANAGEMENT, LLC=3,766,641=1.72%

Top Mutual Funds Holder:-
COLLEGE RETIREMENT EQUITIES FUND-STOCK ACCOUNT=2,959,374=1.35%
VANGUARD MID-CAP INDEX FUND=1,938,596=0.89%
VANGUARD TOTAL STOCK MARKET INDEX FUND=1,886,197=0.86%
VANGUARD 500 INDEX FUND=1,537,989=0.70%
ARIEL FUND=1,334,775=0.61%
VANGUARD HORIZON FUND-CAPITAL OPPORTUNITY PORTFOLIO=1,275,000=0.58%
SPDR S&P 500 ETF Trust=1,258,091=0.57%
PIONEER FUND=1,255,793=0.57%
VANGUARD INSTITUTIONAL INDEX FUND-INSTITUTIONAL INDEX FD=1,236,985=0.56%
Columbia Fds Ser Tr-Columbia Marsico Focused Equities Fd=1,226,899=0.56%
Balance Sheet Period ending 30 January 2010

Total Assets =6,579,000
Total Liabilities =5,007,000

Common Stock=1,066,000
Retained Earnings=525,000
Other Stockholder Equity=(19,000)
Total Stockholder Equity =1,572,000

Net Tangible Assets =1,519,000

Despite the intraday temporary setback,the stock in February is still in a bullish mode.
If it ever pullback to the bull pivot and below,it is the best level for accumulation.
Meanwhile it is in a speculative mode.
Founded in 1901 as a retail shoe business,it has now grown to be the leading fashion specialty retailer in the united States.
Tracking the Dow,Wednesday.
9:30am:--Oil topped $98 a barrel,a bearish hammer.
10:30am:--Attempt to recoup but met with bearish shooting star near opening lower shadow.

11:30am:--Further bearish hammer at session low.Chaos in Libya is disrupting global markets.

12:30noon:--Another new session low,hangman.

1:30pm:--Afternoon session opening another new low,bullish engulfing.H-P (HPQ) was a leading drag today, down some 11% at one point, after issuing a revenue warning late Tuesday.

2:30pm:--Retrace to bear pivot resistance.Gold closed at its highest in seven weeks, up $12.90, or 0.9%, at $1,414 an ounce.

3:30pm:--Inverted bulls at MAV resistance line with bearish pullback to bear pivot support.In the latest housing data, sales of previously occupied homes rose in January.

4:00pm:--A bullish spin.Usually after two or three consecutive downs,the market will rebound.
A bearish spin below the MAV resistance line.The next support level will be the bear pivot before it stabilizes.

Volume weakness in the Dow for the past one week has made the index very vulnerable to a tremendous pullback.

Libya's violence sent oil prices up briefly to $100 a barrel and tech shares sank, adding credence to calls for a market correction.

A healthy pullback for bargain hunting.