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06-May-08
Are the retailers for real?
With unemployment, $4 gas, inflation on the rise, and everyone talking about recession, why would the retailers be in their own quiet bull market. The anwser? Because it is. That’s the market, it’s always right and people who try to make sense of it are usually wrong. So, go with the flow … of the market. My favorites here are URBN on a breakout above 35.37 and BKE @50.50.
Posted at 09:46 in External Blog | Permalink | Top
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