- For the second day in a row the Euro refuses to play ball and oil fails to get traction.
- Yesterday investors sought shelter in the rock-solid Banks, Consumer and REITS.
- Today, XHB is at the top of my sector watch (ignoring the ruskies). This is L-O-L #2
- The Naz has not shown the leadership and by my judging from the price action (except when we overshoot VWAP by 50 or 60 points) it's looking weak (lol...after the bell; scratch that)
- Goldman will likely be the high point of financials (and JPM). The rest (are there any left?) didn't have enough SPARCs, watch for XLF weakness
- Bonds, do not ask me. I must have screwed up somehow when I got [re]long TLT at 91. Somehow I'm turning a profit. I intend to do a full post mortem to find my mistake (nice tankage today though. make that major tankage. profit--; although spread 93/95).
Addendum: I should go ahead and get this out of the way. It only takes one
to send this straight to the Lazlo Line (~1400). Until further notice (or a rolling blackout in the northeast from an EMP) just assume this is a standard disclaimer.
