The-Honest-Trader

Six Thoughts on Current Market Weakness

Financials have clearly bottomed.

I'd go long the Financial Spider (XLF) ASAP if I invested in US equities.

Lehmann went down and it barely approached the July lows. How worse can it get after AIG?

Risk is dispersed on the ETF... With 3 banks (LEH, MER and AIG) having their situation "solved" I'd take that risk.