Retail clothing stocks have been hit hard this month. This sell off is due to worries about slowing economy and maybe going into recession. I believe this pull back create some great opportunity for us to pick up some of the good retailers like Chico FAS and Abercrombie & Fitch. Both companies have pull back for more than 20% and it could be a good time to jump back.

This entry was posted on Monday, August 29th, 2005 at 11:36 am and is filed under Stock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.