22 October 2009
Bad day for safety
Financials have been pushing the market back and forth. These end of day charts tell the story with risky banks rebounding from late yesterday's collapse. It's tough being even a little bearish in this market (and that is all I am). And to be clear, I'm never more than a little bit bullish either. But never in between. My comfort zones are 35-45 or 55-65. Et vous?