Re: Ben Stein: XLF - Financial SPDR
I know of some what I consider savvy folks that are short XLF and long SKF. Clearly there's a credit crunch going on but IMO hard to forsee what government and central banks will do in response. Might be time to buy not sure. I'll admit I don't have the stones to get involved at this time. If residential real estate prices fall a lot more then we could see more problems as these problems have a "snowball" effect in other areas. I guess you could just buy GS and not worry too much.
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