XLF

    Posted by sbadri on 4th of Sep 2008 at 02:05 pm

    Matt/Steve , Can you throw some light on XLF? I m not sure when your get out of my UYG hedge. I have both UYG and SKF and am unable to decide when to close one or the other. Is it prudent on my part to expect SKF to test its lows of 200? Please advise.

    We are oversold, so UYG might just bounce, so that could be a good place to get out but at what price. Please provide some guidance

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