Banks--- Betting on the recovery Message Board

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Non-Tech : Banks--- Betting on the recovery

WFC 86.07

-1.1%

10:36 AM EST

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From: Drygulch Dan	6/14/2012 8:46:42 PM
	of 1428

News out late today regarding Moody's long promoted upcoming downgrade of major banks. They been forecasting this for months, it seems to finally have arrived. To be released before the end of the month. Bank stocks have been prepared for this event over the last several weeks and months. The market lifting today seems to be a signal. The hated and despised BAC looks well prepared for a rise in its stock price going forward. It reminds me of Thanksgiving, time to serve the turkey or give them the bird! Depending on your definition of whom "them " are.

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