HERE WE GO AGAIN

Jimmy Cramer over on realmoney.com is touting the bank stocks this morning noting that they are breaking out (really). He ends his "analysis" of the banking sector with this comment "

"So, be aggressive, once in motion, you need a real catalyst to stop this move. I don't see one on the horizon."

I look at the chart and my analysis is that the "catalyst" to stop this move will be profit taking. Too far too quick and buying at this point is not the high probability trade. Remember all those facts about buying highs and selling lows. Yes, doing the opposite is what works best, so if you want to own financials, I suggest buying pullbacks and today is not a pullback.