Friday, January 7, 2011

XLF Update

As of now, XLF has taken out the last 4 days of closes and the volume is very significant. This may be due to the Mass. high court decision, but we saw signs before today. Financials are definitely in the crosshairs.

Look at that volume-being it's so large, I think the court case had something to do with it as the outcome could not be priced in.

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