banks
#1
Posted 03 November 2007 - 09:08 AM
It's the illiquidity, stupid !
#2
Posted 03 November 2007 - 11:34 AM
#3
Posted 03 November 2007 - 11:40 AM
#4
Posted 03 November 2007 - 01:07 PM
I have seen many comments about banks. Be very careful about picking LT bottom in that sector.
Good luck,
G.
Just noticed your post as TT will know when I read your post which is now.
I posted $BKX analysis at the above.
$BKX targeting 83 +/-, 1998 scenario 11/2/07
http://www.traders-t...showtopic=78592
Have a good weekend
#5
Posted 03 November 2007 - 01:54 PM
I also expect the housing mess and the related banking to stuggle for another 3-4 yrs until about 2012. These injections and rate cuts can buy some time to the sector for a while. By the time it is over, there will be a lot of pain probably...
Well deserved, I might add (the pain).
#6
Posted 03 November 2007 - 02:12 PM
#7
Posted 03 November 2007 - 03:35 PM
johngeorge