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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: Fun-da-Mental#1 who wrote (22838)8/12/1999 3:48:00 PM
From: Fun-da-Mental#1  Read Replies (1) of 99985
 
Banks selling property holdings

The two largest banks in Canada (CIBC and Royal Bank) have recently announced that they're selling off their property holdings. I'm Canadian and I don't know if US banks are doing the same thing. I don't claim to understand all the subtleties of these particular sales, but when companies start selling off their assets it's usually a bad sign...

Fun-da-Mental
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