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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,690.30
(
-1.05%
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techcharter

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techcharter

Re: BlissBull post# 31510

Monday, 02/04/2008 9:57:37 PM

Monday, February 04, 2008 9:57:37 PM

Post# of 51808
XLF Chart is a Beautiful Crash

The recent rally looks like a wave 2 (zigzag) of Wave 3. The 20 week moving average is solid resistance. I put my money where my mouth is on Friday and bought SKF, the Ultrashort tracking ETF for the XLF. A 10% drop at some degree of trend for XLF is very near.
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