Monday, November 16, 2009

Nov 16 Charts Mini-Boatload, XLF

Posting without commentary (kind of)

XLF lead the charge out of March it seems swatted down.

Banks have been ripping the public off with exorbitant late fees and similar charges, besides questionable trading methods or knowledge.   But there is a good chance the hammer is going to come down on them from governmental action based on constituent backlash.   Their profits will go to zero or worse.   You heard it here.

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