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  • Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]
    the bull trade in financials is more or less over. Tom Plaehn actually is stating it: HBs are up50% and banks 30% while PM stocks are down 30-50% . The conlcusion by him and by the author, to NOW go long financials as a CONTRARIAN (Helloo???) trade is therefore, absolutely stunning and, imho totally nuts.
    it was a contrarian trade a few weeks and months ago. now it is mainstream - as can be seen from this article and various comments.
    good luck buying financials near the top and swapping for them Pm stocks near their bottom.
    talk about cyclical investing and herd mentality!
    May 08 06:05 am |Rating: 0 0 |Link to Comment
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