Still watching the Banking Sector ($BKX), and also the Financial Sector ETF (XLF). The way that this sectors go will effect our position in PEY that pays a high dividend based on consistent dividend paying stocks. We are also in SPY and QQQ and DIA. We are also short TLT, the 20 year treasury bond ETF.

With $BKX, the Banking Sector, all we need is a break above the wide blue line and that would confirm what we have been anticipating for these past months, that we are buying low, and getting rich slow! It looks like a triple bottom.

I thought I posted a short on TLT a couple of days ago on April 1, 2008 because I have a record of it in my files on that date. I updated it for today, and so, on the following chart, we have the 20 year treasury yield etf (TLT) with take profit targets: