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19-Jun-08

Financial Sector Investment

Watchlist Idea for XLF.

Once this ETF has bottomed out and traded steadily for one month, I would consider it a solid buy. As is, it is a marginal buy even though I believe it has yet to bottom out. I would estimate that this stock will rebound to its previous state. It will be a slow rebound, but a steady rebound and a solid investment at that point.

Tagged Stocks: XLF

 

Posted at 15:11 in Watchlist Ideas  |   Permalink  |   Comments ()     |  Top

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