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Strategies & Market Trends : The Ego Forum -- Ignore unavailable to you. Want to Upgrade?


To: Woody who wrote (2371)7/8/2008 3:41:32 PM
From: Woody  Read Replies (1) | Respond to of 12175
 
A small editorial .. The fed has said in so many words we should let institutions fail if that's what's needed. That said .. IMB is under a buck and ABK is trading at 2 not to mention some banks trading at or less than 5 bucks. Finally we have a relief or oversold rally today but I fear another shoe has dropped, it just hasn't the ground yet. That along with other reasons will renew the interest in PM's .. imho.

We'll see tomorrow maybe..

Woody