damn if I only I shorted when i posted this, still bearish on banks, obvious reasons profit downrades more then likely, housing market slowing, exposure to more failed companies as recession kicks in etc...
Maybe by mid year to late 09 more of the bad news will be factored in & should be very attractive buy oppertunities, but have to say there will be some decent trade oppertunities along the way as current levels will leave the sp open to wild swings when the market has those one off good few weeks.
BANKS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
