I like your thoughts, but the end of the financial crisis has been called all the time, even in January. We aren't close yet; too much deterioration. After Fannie & Freddie & LEH fail might be the time to buy. Then again, financials could go down further, even after that. AIG case in point; when they do another massive write-down, financials will follow downward.
-
I like your thoughts, but the end of the financial crisis has been called all the time, even in January. We aren't close yet; too much deterioration. After Fannie & Freddie & LEH fail might be the time to buy. Then again, financials could go down further, even after that. AIG case in point; when they do another massive write-down, financials will follow downward.
Aug 22 07:43 am
|Rating:
0
0
All Comments by BSCLossMan »Our Advice? Buy the Financials Now [View article]