Perhaps the most confounding trading instrument to me this year has been the RTH, the retail holders trust. Of all sectors you think would be weak, it would be retail. We have record joblessness, crushed consumer confidence, evaporating credit…………and yet Americuhns just keep buying crap they don't need with money they don't have. Incredible.
I am frankly reluctant to touch this hot stove again, but I bring it to your attention nonetheless.
