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Replies to #831 on Pisa's Picks
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pisavsopbp622

08/25/10 12:30 AM

#832 RE: pisavsopbp622 #831

XLF ~ similar to NASDAQ, banks have been leading the broader markets lower. Markets cannot bottom until the financials do first, by the looks of this bearish gap that likely won't be happening anytime in the next 30 days, quite possibly longer:

http://stockcharts.com/h-sc/ui?s=xlf