Friday, March 7, 2008

Financial's Continued

Sector Rotation - if you get it right you can beat the broader markets

In 2001 - 2002 the Financial stocks powered upward as the Technology stocks torpedoed

Now in 2007 - 2008 the Financial stocks torpedo as the Material stocks power upward

The ratio chart below clearly displays the divergence in performance among stocks in the same peer group - in this case the bank stocks

The lower histogram is a relative performance study based on several time periods
At the moment we are in the - own TD and - sell BMO mode

See next more on this - next blog posting

Bill Carrigan

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