A word of caution on XLF

    RSI(14)<30 for UYG

    Posted by junkmaylbox on 5th of Mar 2009 at 01:57 pm

    cwa82675 has warned me that UYG may go to .50 or something next month. His point is very sound.

    hey junk if your going

    Posted by cwa82675 on 5th of Mar 2009 at 02:01 pm

    hey junk if your going to quote me, at least quote me  Tongue out

    When asked what could uyg go to this was my response...." you never know.  I remember thinking dxo was cheap at 8, then it went to 3 and I bought some then it went to 1.60.  If I think uyg is cheap at 1.60 it could go to .50....who knows.."

    I paraphrased you, and did

    Posted by junkmaylbox on 5th of Mar 2009 at 02:07 pm

    I paraphrased you, and did it badly :( No offense was intended. Don't listen to me, folks, I could be totally wrong with my estimates. I am saying how I see it :-)

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