The Real Expert

'The Time to Buy Financials' Is Still Not Now

Stewie, you are 100% right. So many people cannot disguish between the two. Only the very best investors should ever even consider messing with distressed securities. Did no one learn anything from the Internet collapse????

'The Time to Buy Financials' Is Still Not Now

leh you are 100% right.

YYZ, those without VERY VERY DEEP Pockets should never buy into a panic. Whatyou fail to realize is that we have had dozens of panics over the past years and we are just getting started. So if you plan to buy the "panic" I hope you will have enough to buy all pf the rest opf the panics that will happen over the next few years. Just make it easy on yourself and buy oil and gold. Don't be a fool. Stay out of the financials...now and far into the future. It will take many years for them to get back on track. WAIT AND SEE.

'The Time to Buy Financials' Is Still Not Now

The fact is that the financials may not be a buy for many years because this mess is going to take a long time to clean. And during the process shareholders are going to face much more dilution.

You guys might get a laugh if you check the ETFC article posts. There are a lot of fools there betting their life on financials. It's quite funny.