Wednesday, August 10, 2011

Good Time to Load Up the XLE/XLF Long Short Pair

Readers of my SeekingAlpha articles may be familiar with the simple long XLE / short XLF strategy I've been advocated for months. As the pair XLE:XLF is now on the long term up trend line, forming a double bottom and bouncing up, it may be a good time to load up the pair. Nonetheless this is a pure technical call trying to time the market.

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