profit taking it might be but it could be looking at something a...

  1. 298 Posts.
    profit taking it might be but it could be looking at something a lot worse of course
    so here is my take...........

    ok so we have just seen the banks getting trashed

    now it is time for the bad news to felt in the general economy

    business foreclosures
    layoffs
    falling house prices

    also there is the spectre of capital raisings to keep companies afloat

    eg the banks, WES

 
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