Thursday, July 17, 2008

17Jul08 - PreMarket (XRT)


I suppose these retailers are doing well, becos of inflationary fears. public maybe concerned with the erosion of dollar value and rising prices that may prompt them to buy now then later..

several retail counters have started moving...eg Macy's which moved from ~$15.50 to $17.30 in less than 1 week.

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