Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (387920)	6/4/2009 3:11:50 PM
From: Real Man	of 436258

Yeah. I wonder why the BKX chart is so bearish. Banks peaked in early May, and it says they should drop now. I guess the shareholders love new TARP shares and new wonderful standard of earnings reporting. If I say 12% delinquent prime mortgages that are not paying or in foreclosure temporarily suspended payment and move them to level 3, then to the Fed, I'm ok. This ongoing housing stuff must be uber boolish for the banks. <g>

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