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[rkd80]

When the market was making it's lows in August, one very comforting aspect was that the beaten up sectors were showing relative strength. Financials in particular gave us a foreshadow that perhaps we have stabilized with XLF's two day super rally. Banks and brokers followed suit and even reits were showing life. Oil was in the dumps somewhere and things were looking merry. This week however I took a closer look and things are not as rosy anymore. Financials are once again approaching their lows and appears to be once again under performing. What is even scarier is that $OSX closed almost at it's highs yesterday. Not very encouraging.