Bonzoboy,
I agree, the banks have more downside to come.
In the US, last night, Citigroup slumped 4.3% to a nine-year low after Merrill Lynch cut its full-year earnings forecast for the company. Merrill said the bank could take another $18 billion in writedowns related to bad mortgage bets, according to published reports.
When this comes out expect a major rout to the downside.
ghia1959
banks full steam ahead, page-8
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Last
$136.19 |
Change
0.560(0.41%) |
Mkt cap ! $227.9B | |||
| Open | High | Low | Value | Volume |
| $136.66 | $136.95 | $135.82 | $221.1M | 1.622M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $136.01 |
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| Price($) | Vol. | No. |
|---|---|---|
| $136.23 | 2981 | 2 |
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