Stay Long Financials Here…But Avoid Area is Not Far Above…

April 17, 2008 10:51 PM

I would stay long my call on financials and XLF here. The avoid area is another 4%-5%. Once again, the the financial ETF XLF should be an avoid around $27.00 or slightly above that area. But we should trade higher before lower here…unless news dictates otherwise.

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