Still Not Banking On It

• April 4, 2001
• Dave Landry

Although
drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating) and healthcare
(
$HCX.X |
Quote |
Chart |
News |
PowerRating) were up on Wednesday, they
still look vulnerable longer-term.  Continue to look for
buying opportunities in puts and put spreads here.

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The
banks
(
$BKS.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, continue to roll over. Continue to
look for buying opportunities in puts and put spreads here.

src=”https://tradingmarkets.com/media/images/Landry3/bks040401.gif” width=”470″ height=”320″>

The
financials
(
XLF |
Quote |
Chart |
News |
PowerRating) also continue lower. Continue to look for buying opportunities in puts and put spreads here.

src=”https://tradingmarkets.com/media/images/Landry3/xlf040401.gif” width=”470″ height=”320″>

Best of
luck with your trading on Thursday! 

P.S. Reminder:
Protective stops on every trade!

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