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yup, plays into the whole "trading down to cheaper alternatives" thesis. long WMT and MCD and other cheap retailers as a hedge against an overall short retail play (especially discretionary). wrote about it more here: www.marketfolly.com/20...
Dec 22 09:49 am
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+4
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All Comments by Market Folly »Wal-Mart: Thriving During Retail Recession [View article]