The Collaborative International Dictionary of English v.0.48:

Reel \Reel\ (r[=e]l), v. t. [imp. & p. p. Reeled (r?ld); p.
   pr. & vb. n. Reeling. ]
   1. To roll. [Obs.]
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            And Sisyphus an huge round stone did reel.
                                                  --Spenser.
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   2. To wind upon a reel, as yarn or thread.
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