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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (21986)1/27/2000 6:49:00 PM
From: Larry S.  Read Replies (1) of 53068
 
A turning point: -
As Ron has astutely been pointing out, the financials are approaching a screaming buy, IMO. Yes, the fed will be increasing rates some more. Yes, the charts on some of the bank stocks look TERRIBLE. Yes, it is time to buy when no one wants them. Here is yahoo page with some ideas: PNC, SOTR, SVRN, FNM BAC FNV quote.yahoo.com note the terrible charts, note the pe's between 5 and 20, note the yield. This sector is now like oil was in may of last year. It may not explode tomorrow, but this sector is gonna pop big, and soon. jmho. larry
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