Wednesday, April 1, 2009

M2M decision time

We will know tomorrow. 8AM eastern the meetings begin. We will also be getting updates from the G20 starting to roll in around 9AM and 10AM.

I expect a bullish early morning. No matter what comes of these meetings i think we sell off hard.
Here's the catch:
If M2M gets changed, you need to be a buyer of the selloff late in the day because next week we will explode higher.
UYG
XLF
BAC
WFC
...you know the financials. WFR looks really really juicy on its triangular breakout. No matter what, I'm longing WFR.

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