Thursday, March 20, 2008

Strength continues in Financials at the expensive of Commodities

It seems like alot of money is flowing out of commodities and into financials. I actually favor the correction in commodities, its very much needed. I see this trend continuing for a week or maybe two. Today I took a stab at the Tawian ETF - EWT. Ahead of the elections this weekend, my bet is that the more-china-friendly opposition party will win. But who knows.

But 400 shares EWT at 15.73

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