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Politics : Welcome to Slider's Dugout
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To: RonMerks who wrote (11517)9/8/2008 12:12:28 PM
From: maxncompany1 Recommendation   of 50767
 
US financials acted well early today as expected (except obviously FNM and FRE). But reality is setting in pretty fast, I figured it would wait til later in the week.......the XLF is way off today's high, still green, but not by a large amount.

So I figured this is a damn big shot fired by Treasury and that's the best the XLF can do? So I re-entered SKF today, having exited early Friday.

Should mention the likely sale by LEH of their best asset, Neuberger, is hurting LEH, possibly the sector to a degree.
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