- headline risk out of the g20 meeting is way too big to add any positions in either direction.
- we discussed MS yesterday and below note the chart of the XLF financials etf.
- if the XLF holds and bounces off the $12.50-$12.75 area it should also give us more confidence in a long-side try in MS, for bucket 2.
- so..nothing to do right now but something to watch closely