market update

Decision to exit GS was a correct one, as the market is now trying to retrace the gap up with financials leading the way. Gold and Oil are down. Friday's huge sell of in gold is horrific, looks like down trend from now on. My guess is: Short term profit taking in financials....money is looking for directions in financials. Although the Qs are showing relative strength, but as we know, market cannot go up without the lead of the financials.