[RageWizard]

I know there are only a couple of people on this forum who actively trade stocks but I must say that if you have bought financials in the last week, now is the time to sell them and collect profits if you haven't already done so. Actually it is time to short the financials again. I know that I said that there was going to be a rally for a while, and it did. I just expect a retracement in the financial sector and you could make even more change shorting back on the way down. The reason that the financial sector went up so much so fast is because of the new mortgage bail out for freddy and fanny mac. You see allot of those two stocks are owned by the friends of Paulson and Bernake. They are going to actively dilute the stock in the market (that means that there is going to be more stocks available). The chinese know this because they have been told by the fed that this was going to occur. So the stocks have been pumped the last week or so so that the friends of Paulson and bernake can get out. Whatever you do, now is not the time to buy the financial sector. It is a time to short.