Sunday, January 3, 2010

Time to Buy the Financials

Hi Folks,

The old saying "as the financials go, so does the market" should hold true. I know that there is a lot of concern about the financials in the coming year. I share some of the same concerns. With that being said, NOW is the time to buy the financials. Looking at the XLF, we are poised for a breakout. Same goes for many of the individual names. I like BAC and GS here.

I will keep you posted.

Thanks and Good Trading,

Tim Winters

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