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John Pseudonym
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Jen 31,
May 10 11:43 am
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All Comments by John Pseudonym »'The Worst Is Over for Financials' - Really? [View article]
I suggest staying away from financials until you see home prices at least hold steady for one solid quarter. That will indicate a possible bottom.
If you're a risk taker, buy at that point.
If you're a cautious investor, wait for home prices to increase in any way for a solid quarter. You will have missed the absolute bottom, by I never try to buy there anyway. I buy when the trend is obvious and stay in until the price spikes.