Chipstocktrader

Why It's Time to Invest in Domestic Banks

Not bank stocks. In the last two financial crisis (1990, 1998) they plummeted straight down, losing over 60% of their value in a matter of weeks, and then doubled or tripled over the next year after the crisis lifted. You buy these kinds of things when you feel least likely doing so (the last week). I fully expect UYG to cross 30 before the end of this year. I'll take that.