Tuesday, January 22, 2008

Making a short list of shorts

Looking for a fabulous short? Again, we can use confluence to spot low risk entry levels. Be patient and wait for the XLF to climb back up to 28.80 level and then look for a rejection of price levels. Look how nicely confluence worked back in early December.

If you really want some action, buy the SKF, which is the 200% inverse of the financials.


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