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Holiday Shopping Kicks Off, Crude Crash and Bad Apple

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The S&P 500 Total Return Versus the Utility Total Return

The XLU is dead smack where it was a year ago, right in the middle of the range. It's actually more than 50%. The key is always when you're looking at a chart is to try to suspend anything you know or you think you know. So if Carter's right in terms of slowing down here, maybe 10 new yields are bottom in the short term. But if you think they can continue to go lower, I think you want to stay long.

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