Who knows for sure who's right or whether scaling in would salve those who wish to venture a position? You could also hedge. Besides, the article did not state the time horizon. Seasonality, oversold and the FRB's largesse argue for a rally before year end. One thing for sure. All comments should remain civil and respect the opinions of others. Personal attacks, especially profane, would tempt me to report abuse. Alas, who wants to stem someone's comments, especially when otherwise intelligent?
Now's the Time to Buy Bank Stocks [View article]
Besides, the article did not state the time horizon. Seasonality, oversold and the FRB's largesse argue for a rally before year end.
One thing for sure. All comments should remain civil and respect the opinions of others. Personal attacks, especially profane, would tempt me to report abuse. Alas, who wants to stem someone's comments, especially when otherwise intelligent?