If I can remember, whenever I post a followup to my current column on Barron’s Online I’ll use this title – The Cutting Room Floor. Here is today’s.
Some will wonder why I did not use the XLF financial SPDR ETF as an example of something to use to play the sector. I know my editors will. The reason is that the chart simply did not look as good as some of the others I offered.
The ETF is still rather heavily weighted in toxic banks and even though there are more than just banks there and more than just the pig head greedy CDO types of banks the pig heads are still a factor.
Well, now you know.
