Time to Try Shorting Retail?

7 09 2009

My attempts to short RTH have, in the past, been money-wasters. I’ve shyed away from RTH for a while, since I’m not a masochist. But something about a 9.7% unemployment rate………

0904-jobs

……..and a chart showing a very robust retracement to the underside of a huge broken trendline……….

0904-rth

…….makes me think maybe this could work out for RTH bears for the balance of the year.

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