Posted by junkmaylbox on 17th of Mar 2009 at 05:52 pm
Expect XLF to reach its MA(50)=8.88 tomorrow and reverse there.
that's roughly 4% on XLF, 8% on UYG (till about 2.70) and 12 % on
FAS (up to 6. 25-6.30). That would put FAZ down to 32. Heck, I was
saying XLF would top in high 8s. Too bad I did not believe what I
was saying :(
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Tomorrow's target on XLF
XLF
Posted by junkmaylbox on 17th of Mar 2009 at 05:52 pm
Expect XLF to reach its MA(50)=8.88 tomorrow and reverse there. that's roughly 4% on XLF, 8% on UYG (till about 2.70) and 12 % on FAS (up to 6. 25-6.30). That would put FAZ down to 32. Heck, I was saying XLF would top in high 8s. Too bad I did not believe what I was saying :(