Dadicus asked about Financial ETF's

Hi Dadicus and thanks for the great question.  I would take a look at some of the periodicals I picked out on 2/6/10 from Amazon to learn a little about Techincal trading.  The financials continue to be under pressure because of pending bank tax and sovereign bank issue . As i mentioned in my other post the sovereign bank issue I don't belive will be a major issue. You can play this a few ways as a hedge. One is to buy the VIX or call options on it. You should buy them several months ahead so the time value affects you less on the option side. The other way is to buy the SKF which is an Ultra short of the Financials. A third way is to buy put options on your existing ETF a few months out again.  Keep the questions coming and spread the world by letting people know about the site.  Marc Roth   As your agreement for the receipt and use of market data provides, the securities markets (1) reserve all rights to the market data that they make available; (2) do not guarantee that data; and (3) shall not be liable for any loss due either to their negligence or to any cause beyond their control. This research is being provided to you for informational purposes only.