Saturday, August 15, 2009

Financial Sector ETF's-Watching for increase

Every quarter institutional managers are required to report their long positions in the U.S. Market. We can see strong hedge fund increases recently their positions, and the market should begin taking note.

I'm still concerned about a commercial real estate wipe out, but believe the banks have done well raping everyone and starting over, and removing toxic assets, meaning making us pay.

We're keeping track of the financial sector.