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Looking at the XLF starting to roll

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madrose1 Member Level  Saturday, 05/05/12 09:02:51 PM
Re: dav1234 post# 527707
Post # of 648410 
Looking at the XLF starting to roll over , looking back at GS getting up to $128 , there was just so much propping by the Fed this last two Qtrs & peeps piling into stocks.

Slammed the XLE/OIH back down but that bounce in NatGas held while the Poo fell , need more agressive with my bear suit .

Back to GS got the bounce off $110 should have been more sensitive to that R at 20ma overhead and gone to the short side , now testing the 200 almost bought fri...have to switch suits in a hurry to catch the meat of these trades :

back down to some critical support , and Fed is out of cash would bet <g




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