A.I.M. Users Bulletin Board

[Firebird400]

Hi Tom,
I keep getting knocked out of my positions on the upside. Now I'm not complaining about any gains, but its time I think to dive in a little deeper here. XLF still looks great at these prices, but I was disappointed in this recent run up. Seems several financials ran up 3x what XLF did, but which one to pick? I'd pick the Enron-ish one if I chose just one bank or financial. I'd like to take a bigger chunk back in the $25's but I made the mistake and saw XLF back in 01/02/03 under $20. We could be one annoucement away from that move back under $20. It's the most compelling of what I've traded lately though. Chart seems to be basing on XLF, just my take on the banks, Q's are trading 26x, seems pricey in a bear market, EGOV chart flipped upside down,40x earnings, I just got lucky there Fri and taken out at $8.19. Look for the banks to get beaten down further when I jump back in, make room in your mattress for cash, NITE's move was so straight up it scares me, more correction to come,, Ken