bear stearns , page-131

I think Citigroup is the most underated as 60% of its revenue is from abroad.

Not many of the Banks have that in the US.

Citigroup just got hit the hardest as they have lost more than anyone on these Prime-Mortage's.

Serves them right as they gambled to get rich and it was high risk thinking the bond insurers would bail them out if it all went pear shaped.

It's the financial system in rack and ruin but unfortunatley good Co's are suffering the fallout by being held back by lenders now.

I think I will buy Citigroup LONG and some the Tech and OIL stocks. Wait til OIL moves back down which should be in a month or next OIL reserves estimate/report from the US.

Good Luck but I am not touching shares at the moment, just futures only and some OIL stocks off course on the ASX.