My feeling is the market already predicted the second quarter report will not be too bad. That is why financial sector raise so much for last two weeks. Now the risk of pullback is increasing.
-qkang98(john);
2008-7-23{228}(#41911@43)
We need to watch the profit taking when the good reports come out. I plan to get some SKF if XLF is up again tomorrow. At this time, I think short American financial is safer than short Canadian financial. Just personal opinion.