12/5 - XHB @ 25.54 re-entry possible
12/4 - XRT on stop 62.65
12/4 - KRE @ 27.34 financials are still of interest to me.
12/4 - SRS @ 27.34 trying to short IYR (real estate) again. Price-chart only, no personal opinion.
Over past few days I visited several stores. Department store, clothes seller and jeweler where absolutely empty. Not slow, empty. Walmart is busy, but people buying groceries and necessities at WMT. I haven't been to mall yet.
This is not the only reason why I sold XRT. Consumer sectors took quite a beating in November. They recovered very well, but now are against the former resistance. With lousy price action over past few days, I was taken out on tight stop.
Lets see how far this down move will go. There are no short consumer ETF's. There is no short interest of note. The way I see it - there is nobody out there to cushion the fall.