Posted by asantana on 17th of Feb 2010 at 10:34 am
XLF still has the daily 50 to contend with and financials have
definitely not been that strong. XLF tried to get over it at
the end of Jan. and failed miserably. Another push down and
it could potentially cut through the 200 like butter.
XLF still has the daily
Bottom line is simple... as long as XLF holds the ...
Posted by asantana on 17th of Feb 2010 at 10:34 am
XLF still has the daily 50 to contend with and financials have definitely not been that strong. XLF tried to get over it at the end of Jan. and failed miserably. Another push down and it could potentially cut through the 200 like butter.
yes absoultley true...but the fact
Posted by admagazu on 17th of Feb 2010 at 11:27 am
yes absoultley true...but the fact is so far it has not and shows no signs of doing so....until it does i cannot short the market heavily..