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Also from the “I lost track of how bad this was getting mauled” department, there is Cracker Barrel (CBRL). My long-term bearish view of this one would have worked out great, but I’m afraid I never found the patience. What a train-wreck!
Remember the retail chain known as Big Lots! (symbol BIG)? I had lost track just how severe their drop has been. They are down something like 93% from a couple of years ago, and their share price is now equal to what it was in early 1991. Early 1991! A third of a century of progress, laid waste.
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My recognition of the sinewave pattern on the retail fund XRT has produced splendid results.
The markets are strong across the board, and the retail ETF (symbol XRT) is no exception. Take note of how it is getting close to sealing its price gap.
