Monday, June 23, 2008

Financials just no love

Been singing the same tune for months but financials are DEAD money for awhile. They all going much lower. GS couldn't even get a decent bounce off it earnings and that one is going to $145 then $130 before elections for sure, so write it down.
Market seem to be waiting on the FED 2 day meeting starting tomorrow and volume is reflecting it today. We should get a sweet trend day this week to make this week profitable but as of now we are in wait and see mode.

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