Defying Gravity and Technical Principle

ducatiman, i agree with you on your strategy. no stock can maintain a rate of groth of 2% per day, including weekends and holidays as mrt did over the past few months, in particular against a back drop of recessionary trends in the market as a whole. but while the tide is rising you are correct in hitching a free ride.

and lets not forget that it is not retail only that has been doing well. house prices have been doing extremely well too.

this takes me to my next point. in a doom and gloom market there are stocks and sectors that defy the general trend. and those who put time and effort in isolating such stocks will do well irrespective of the falling general trend of the market as a whole.