Showing posts with label XRT. Show all posts
Showing posts with label XRT. Show all posts

Sunday, April 19, 2009

Short Retail (XRT)

I'm thinking of going short the Retail sector. From a low of ~ $18, the XRT ETF that tracks retail is up to $26, or 45%. I know the space is heavily shorted, but goodness, does anyone practical think people are going to just start going to the malls again and spending gobs of money on their credit cards they don't have?

Might use options on this one.