had to change gears..under 12-11.90 still an area to shortabove 12.40-12.30 time to get long.above 12.67 tightne stop.could reach 13.08
In addition, for people with longer time horizon, an extended base like this should be very positive__if economy continues to recover.Hard as it is, be patient.
on 7/11 i predict xlf is going up,when every one was saying the h and s was playing out and i get 1 star..lol.
ill buy you cookies if the xlf hits 10.40 like you saying.
3 tight, then break-out to 18. Yield curve X improving economic indicators + mark to mkt acctg + Fed will take whatever toxic assets the bankers dislike. Plus, Ben wants to keep his job. You're in good hands w 'Bama, baby.
7/19 maybe topped. looking for break out to break down.
Sure but how high. .52 to 12.80 or 13.08. where else. Then what. Down.
I gree, keeping a close eye on the XLF this week!
head fake, I'm tellin'ya...
maybe...I sold and took a loss, waiting for the other shoe to drop...either way I'll play it through PGF...