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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: profile_14 who wrote (13435)6/17/2009 4:07:53 PM
From: profile_14   of 13449
 
BTW, long SZK. Consumer discretionary products are getting squeezed by reduced credit, lost jobs, inability to raise prices due to excess capacity, weak dollar translating into higher cost of imported goods (i.e., lower margins for clothing companies, stores, et. al.), no hard asset sales in dollar denominated terms to hedge out currency exposure, etc. this represents approximately 70% of our economy and retail is near the August 2008 highs. Another great short IMO is XRT.
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