Date updated:12-04-2008
"The thesis is right if employment doesn't nose dive, because you can look through the valley of the shadow of bad earnings knowing that year over year we will be better off. The thesis will just lead to more heartbreak if employment skyrockets. So, here's what it all comes down to: President-Elect Obama. If he can find ways to put people to work -- perhaps with a $10,000 tax credit per hire? -- then we can look through even the horrible employment reports coming. Otherwise, just sell today, because you won't be able to take tomorrow's pain." - Jim Cramer

-
RTH
Ml Retail Holdrs - $93.94
- -0.11%
- $93.47
You see the thesis developing. Mortgage rates are coming down, gasoline is plummeting in price, heating oil and natural gas prices are cascading, refinances are soaring. You put it all together, and you think to yourself, here comes the bottom in the Retail HOLDRs (RTH), here's the bottom in Macy's (M) and Kohl's (KSS) and Home Depot (HD) and Lowe's (LOW).

-
M
Macy's Inc - $17.11
- 0.00%
- $N/A
You see the thesis developing. Mortgage rates are coming down, gasoline is plummeting in price, heating oil and natural gas prices are cascading, refinances are soaring. You put it all together, and you think to yourself, here comes the bottom in the Retail HOLDRs (RTH), here's the bottom in Macy's (M) and Kohl's (KSS) and Home Depot (HD) and Lowe's (LOW).

-
KSS
Kohls Cp - $53.96
- -0.68%
- $54.12
You see the thesis developing. Mortgage rates are coming down, gasoline is plummeting in price, heating oil and natural gas prices are cascading, refinances are soaring. You put it all together, and you think to yourself, here comes the bottom in the Retail HOLDRs (RTH), here's the bottom in Macy's (M) and Kohl's (KSS) and Home Depot (HD) and Lowe's (LOW).

-
HD
Home Depot Inc - $27.18
- +0.26%
- $26.98
You see the thesis developing. Mortgage rates are coming down, gasoline is plummeting in price, heating oil and natural gas prices are cascading, refinances are soaring. You put it all together, and you think to yourself, here comes the bottom in the Retail HOLDRs (RTH), here's the bottom in Macy's (M) and Kohl's (KSS) and Home Depot (HD) and Lowe's (LOW).

-
LOW
Lowes Companies - $21.35
- -0.65%
- $21.39
You see the thesis developing. Mortgage rates are coming down, gasoline is plummeting in price, heating oil and natural gas prices are cascading, refinances are soaring. You put it all together, and you think to yourself, here comes the bottom in the Retail HOLDRs (RTH), here's the bottom in Macy's (M) and Kohl's (KSS) and Home Depot (HD) and Lowe's (LOW).

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SHLD
Sears Holdings Co - $72.64
- -0.42%
- $72.96
Sears (SHLD) has made it; lets buy bebe stores (BEBE) and Abercrombie & Fitch (ANF) and most certainly Jones Apparel (JNY), VF Corp. (VFC), Tiffany (TIF) and Urban Outfitters (URBN).

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BEBE
Bebe Stores - $5.66
- +1.43%
- $5.62
Sears (SHLD) has made it; lets buy bebe stores (BEBE) and Abercrombie & Fitch (ANF) and most certainly Jones Apparel (JNY), VF Corp. (VFC), Tiffany (TIF) and Urban Outfitters (URBN).

-
ANF
Abercrombie & Fit - $39.73
- -0.95%
- $39.90
Sears (SHLD) has made it; lets buy bebe stores (BEBE) and Abercrombie & Fitch (ANF) and most certainly Jones Apparel (JNY), VF Corp. (VFC), Tiffany (TIF) and Urban Outfitters (URBN).
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