I haven't trusted the financials for a while and still don't, although a dead cat bounce is a possibility.
Sunday, June 1, 2008
XLF
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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.
1 comments:
Hi,
I am also cautious about financial. But I think there is short term bounce ahead. I have LEH in my watch list based on bullish RSI divergence.
Vlada
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