The markets are trading more on emotions than fundamentals right now -- ripe for elliot wave theorists and technical analysis. Financial institutions are in unchartered waters and too many signs are pointing negative for equities. The selling into the rallies will be the mantra as the bear continues. If you have the fortitude to be a true contrarian in this environment go for it. If you don't you will be guaranteed to consistently make the wrong move. The volitiality will virtually assure that your fortitude will be tested as you delude yourself into thinking you can move opposite a stampeding herd and not be trampled in the process.
Now's the Time to Buy Bank Stocks [View article]