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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: kris b who wrote (76270)12/20/2006 7:28:31 PM
From: jimmg  Read Replies (1) of 110194
 
<<<Why, if future is so bright, did the RTH go down today...I have learnt to dismiss the hype and watch the tape for future direction of the markets.

rth is up over 10% since September. A broad cross section of retailers have soared much more than that over this time period. Look at aeos, jcg, jwn, nke, swy, kmx, cab, ua, coh, gme, omx, jcp, dsw, dks.....

I don't you think can conclude that since the rth was down today that the end of the credit bubble is now upon us.
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