ZLC Problems Ahead?

http://seekingalpha.com/article/73033-zales-vs-peers-possible-difficulties-ahead

Bsaically it agrees with my premise that ZLC is in for a world of hurt
But theypoint out that we may be premature - December holiday buying drives their business, so we may have to wait until January.

Or, maybe the market takes a big, fat tumble and we get out sooner