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Financial Select Sector SPDR ETF Message Board

  • mctr_dangerfield mctr_dangerfield Nov 30, 2011 1:35 PM Flag

    Reversal on XLF - BUY all you can

    Today's rally, the coordinated move by central banks in support of Europe, and stupid Cramer and his johnny come lately call on financials, are a powerful combination that suggests; just maybe the world will come together to address its debt and growth problems.

    Adding more liquidity and debt relief in a coordinated fashion is the difference. So a world wide Bernanke PUT of sorts, with emphasis on re-igniting growth. If this can be made systemic, and backed by ECB action, then we may grow our way out of this de-leveraging debacle.

    BUY Financials...

22.00+0.19(+0.86%)Jun 28 4:00 PMEDT