The market opening down 2-3 handles this morning after yesterday's sell-off. For investors the time may be at hand to lighten up on long positions and take a step back. Most of the best set-ups appear in financials, a group that came back from the dead in the recent rally and should feel the heat in another market pull-back. WFC is opening around 26.20 and should break down after speculation about the firm's inability to pay back the TARP. Even though volatility was high yesterday still keep things light heading into holiday weekend, as things could easily consolidate heading into labor day.
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