Vobogeck

Point of No Return or Perfect Buying Opportunity?

I agree that the charts are useful. I just wish the author had shared his/her interpretation. My interpretatio of the data is that we can expect these banks to bounce back to within 10% of the previous 52 week high within two years. A nice return unless all of them go bankrupt (an unlikely scenario). The pain that investors feel in buying these stocks only to see them drop another 10-20% is nauseating, but that is why "buying low" is so much harder than it seems.

Point of No Return or Perfect Buying Opportunity?

Seeking Alpha produces too many of these bearish scary pieces in which the author does not give an opinion. I don't know who runs this site, but they should consider changing the name to Seeking Answers. You don't find "alpha" by following the herd.