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DOUBLE BOTTOMS  |  January 27, 2009
Banking On A Double Bottom For XLF
The ailing financial sector successfully derailed and shelved the recent market rally off the November lows. The market has become important from the weakening financial sector. XLF has helped lead the assault on the bulls, but now that XLF is testing its November lows, it may be time to break ranks with the bears and look for evidence of a reversal. In this cutthroat market, XLF will have its work cut out for it as it attempts to claw its way upward.
by Ron Walker

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