I am declaring it is now safe to surf with the broker dealers

http://stockcharts.com/h-sc/ui?s=$XBD&p=D&b=5&g=0&id=p44512150851

The 15 has now recrossed over the 30. The correction is over. It is now time to look for long positions in the broker dealer index.

Ameritrade Holding Corp. AMTD
Lehman Brothers Holdings Inc. LEH
Bear Stearns Companies Inc. BSC
Merrill Lynch & Co. Inc. MER
E*TRADE Group ET
Morgan Stanley Dean Witter &Co. MWD
A.G. Edwards Inc. AGE
Raymond James Financial Inc. RJF
Goldman Sachs Group Inc. GS
Charles Schwab Corporation SCH
Jeffries Group JEF
TD Waterhouse Group Inc. TWE
Legg Mason Inc. LM
 
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