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SPDR S&P Retail ETF Message Board

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  • wall.stguy wall.stguy Jun 23, 2011 1:40 PM Flag

    investigate xrt activity today

    Makes sense in some situations, but not in this environment. Unemployment up, projections for growth down, cuts in government spending adding to a slowdown, and no solution to the Europe problem. This is 2008 all over; i.e. remember the Fed cutting rates because of the threat of a crisis....don't fight the Fed and buy stocks was the call of the day. That didn't pan out too well. Buying a retail ETF today because oil is going down in today's environment is a bad call.

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XRT
100.98+0.18(+0.18%)Apr 24 4:00 PMEDT