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Tuesday, November 16, 2010

Don't Fight These Retailers

Somebody is counting on the American consumer if this bullish cup and handle pattern plays out, targeting around $72 a share.  The top holdings in the SPDR Retail ETF (XRT)  are:  Gymboree (GYMB), JC Penny (JCP), Carmax (KMX), Office Max (OMX) and Group 1 Automotive (GPI).

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