Lions! Banks Slammed Again, Tech Supporting. Here's What To Watch. By Gregory Mannarino
At the time I am writing this article bank stocks are getting slammed however, technology stocks are, for now, supporting the major stock indices.
The way I see it is pretty straightforward. Being that the financial sector is the largest sector, continued pressure here has a high potential drag the market down with it. Needless to say, this market has gotten way ahead of itself and a pull back here would be very welcome.
As lions, we need to focus our attention on the financial sector and ride these bank stocks lower, I am currently short Citigroup and Goldman Sachs.
We need to watch the tech sector as well, as tech again for now, seems to be holding the market up. If we begin to see weakness in the tech sector we need to be ready to short it-and RIP IT'S FACE OFF...
Happy trading!
Gregory Mannarino
YOU CAN RIP THE FACE OFF THIS MARKET! Click HERE: http://www.lulu.com/spotlight/thegame...
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Great information greg. Cheers mike
followed - cheers @bitfixer999
$SEF is Proshares Short the $XLF , just saying
great content
I would love to see HD goes lower for bargain hunting. It seems there is no where to go but up. Everything goes green.
Thanks again for the post.
Its a curious fact that the favorite phrase of a man with Smooth South Korean Boy Skin is: "Rip its face off"
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