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Non-Tech : Banks--- Betting on the recovery
WFC 86.040.0%Nov 7 9:30 AM EST

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To: Madharry who wrote (951)6/1/2010 2:19:59 AM
From: Asymmetric  Read Replies (2) of 1428
 
>>Bottom line is that increasing the cost of capital to the banks
will end up hurting the economic recovery much more than the banks
themselves<<

I think whether they like it or not, banks and the economic recovery
are like siamese twins joined at the hip. They are both still hurting
tremendously right now...and if one is hurt, the other equally
feels the pain as well.

I notice a lot of put options being taken right now on banking sector stocks.
3 in particular: Regions Financial, Fifth Third, and State Street.

On the sidelines watching.

- A.
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