XLE is going to force me in

XLE is coming up on $52 again and I will let you see for yourself.  I do not believe in this rally or "Green Shoots" in the economy.  I am always prepared to be wrong and therefore keep a flexible and open mind.  If XLE breaks above $52, it is going to test my flexibility and force me in.  If this prints $55, you better be a buyer.  It may be a dollar play as much as anything else, I cannot believe it is a demand driven run up.


Posted by Bradley Fluetsch at 5/29/2009 5:24 AM
Categories: Speculation
Tags: dollar rally sector breakout Energy protection buy XLE inflation profits run ETF
 

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