Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Friday, April 4, 2008

broke the downtrend in the XLF.... In fact... I'm going to bet a financial to the upside


my entry was 10.98 on WM.

4 comments:

Tony said...

Good call on the financial.

I got a little FXI at the bottom and I'll ride it to 148.5

Tony said...

UB is having a pop here.

Eric said...

I stoped out with my commision...

I'll never bet WM again.

Tony said...

I would agree: WM is un-buyable.

Look at smaller retail banks: UB in California and ASBC in Wisconsin. Both have 4% divvies and great technicals. Fundies are okay for these operations.

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