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Financial Stocks: Where Will They Go Once Investors Sober Up?

The fundamentals of these financial stocks are shocking. All of the smoke and mirrors games they played to inflate their earnings over the past five years or so are dead and buried. They are going to have to dream up a whole new set of games.

And the bad news keeps rolling in. Just today the German banks have announced more huge writedowns. But I dare say this will be greeted as more great news by the pumpers and permabulls. IT'S A BOTTOM,IT'S A BOTTOM!!!! BUY BUY BUY FOR GOD'S SAKE BUY.