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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: *Tina* who wrote (96763)12/10/2007 7:25:43 AM
From: saveslivesbydayRead Replies (2) of 306849
 
" ... they're going after troubled financial stocks in a big way, which means it's time to move in."

My thought on this:

1. Look at earnings estimates for brokerages and banks - they're being revised down weekly (sound familiar?)

2. One man's junk is another man's treasure - doesn't mean it's going to be worth as much to investors in 6-12 months from now

3. Good time to pump these up since earnings start this week (LEH) and next (GS, BSC) - and I expect massive write-downs, which will likely spook the markets.

Disclosure - long SKF
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