Is the J&L a Good Indicator of the Downtrend?

Retail is such an important part of the market. You can get a lot of cues from how these big stocks out whether they're defensive groceries like Walmart's essentially a grocery store in Costco or more sort of let's say discretionary like Target. The group they just don't act well and you know there's great divergence in in valuation lows trades at 14 times Costco trades at 35 times but Costco here toolike what about that if you could just blackout instead of whiteout right take the name off of it you were staring at that someone brought that over to your desk and look at this one, he says.