Market Outlook: It's Still All About Housing [View article]
Mark,
It's Frank, your Edward Jones Buddy.
I think the most financial stocks have bottomed. The best time to buy financial stocks are during the credit crunch. i.e. lot less competitions in lending business, thus higher net interest margins, and better quality clients.
I think we entered a recession in December 2007 and we are approaching a recovery phase now.
Many financial stocks are on sale right now. It's time to be very very bullish. This is a "once lifetime" opportunity to buy many high quality finanical stocks cheap
Commodity bubble is bursting. Jim Rogers is the next Angelo Mazilo.
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Mark,
Aug 12 18:11 pm
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All Comments by Frank Rong1 »Market Outlook: It's Still All About Housing [View article]
It's Frank, your Edward Jones Buddy.
I think the most financial stocks have bottomed. The best time to buy financial stocks are during the credit crunch. i.e. lot less competitions in lending business, thus higher net interest margins, and better quality clients.
I think we entered a recession in December 2007 and we are approaching a recovery phase now.
Many financial stocks are on sale right now. It's time to be very very bullish. This is a "once lifetime" opportunity to buy many high quality finanical stocks cheap
Commodity bubble is bursting. Jim Rogers is the next Angelo Mazilo.