financial sector is lagging behind overall market

maserati

All major indices made new highs today since this rally started while financial sector didn't. As for today, indices are close to HOD so far but financial already retreated from HOD.

gummykitty

没错，今天的tech远强于金融

qiqiapr

对头

noname6688

All major indices made new highs today since this rally started while financial sector didn't. As for today, indices are close to HOD so far but financial already retreated from HOD.
maserati 发表于 2009-4-2 12:47

So what does this mean? FIN will be pull up? or market will be drag down?

maserati

4# noname6688

During this rally,  financial rebounded before overall market did and had been ahead of overall market until now.  To me that means bulls need to be on alert.

yingying

5# maserati

lilyflower

Fin in this rally has reached its top on 03/19.
On 03/19, C was close to 3.50, GS close to 117. FAS was 7.80.
Today, they all did not reach or pass the top of 03/19.

If this rally was led by Fin, this is telling that this rally close to end.

noname6688

4# noname6688

During this rally,  financial rebounded before overall market did and had been ahead of overall market until now.  To me that means bulls need to be on alert.
maserati 发表于 2009-4-2 13:05

Thanks, my gut is confirmed by your analysis.
I open short of ASIA again this morning to hedge

goldbug

04/02/2009 = 04/02/2008, plain and simple

lilyflower

Fin in this rally has reached its top on 03/19.
On 03/19, C was close to 3.50, GS close to 117. FAS was 7.80.
Today, they all did not reach or pass the top of 03/19.

If this rally was led by Fin in March, this is telling that this rally is close to the end.