This is without a doubt my most posted chart. Over the weekend I posted that the 50% retracement off the lows was $22.75 for the XLF. Amazing how those Fibonacci's work sometimes. Note the yellow circle
Thursday, July 24, 2008
Financials
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
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