My bad - retracting my tweet about XLF: it IS bearish

In a tweet today I remarked the financials aren't as bearish as the banks. My bad - that's wrong! As you can see from the XLF charts in Tony Caldaro's public charts at his OEW site (see list at right - thanks again, Tony!), the XLF is marked in a bearish C wave down. Sure, maybe GS is only doing a 4th wave correction - just consider it in a league of its own. The financials overall are bearish. So an inverse ETF such as SKF should do fine for this sector, even as a KI$$ swing trade for quite a while.