Monday, June 21, 2010

Retail stocks

The entire retail sector has turned down after a little bounce.  Makes sense.. why they were even up in April when the economy is so bad, is beyond me.  I just got into JAS today, catching up with the system only to see the medium term indicators all turn down and see the position go immediately into the hole.  ugh.  If RTH blows thru 89 on the downside, it will really tank.

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