Wednesday, March 18, 2009

XLF --Anemic at Best

It is one of the few sectors that is up, but volume is non existent. I'm keeping FAZ close, just in case. Maybe it can catch some serious wind later, right now I'm a bystander, and trading some individual names from long side like PNC and MTB.

1 comments:

asdf said...

what's up with that 30 level with PNC?

MTB worked out very nicely. Thanks for the heads up!

About Me

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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.