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Wave buh-bye to the financials ?


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#1 ogm

ogm

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Posted 05 July 2007 - 09:34 PM

Just a couple examples. XLF and WFC. Most of them look that way. Credit boom coming to and end ? Stock prices have stalled. Price churning on massive volume, and momentum rolling over on long term time frames. Interest rates going up., Risky lending becoming a risky business.

In related news. Interesting read. Who is holding the Bag ?
http://globaleconomi...olding-bag.html

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