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Non-Tech : Banks--- Betting on the recovery -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (188)	3/4/2009 1:47:01 PM
From: tejek	Respond to of 1428

They're going after WFC....I guess because it cut its dividend: clearstation.etrade.com

To: Road Walker who wrote (188)	3/4/2009 8:41:49 PM
From: tejek	Respond to of 1428

Only because I have to post some good news for a change........ "Steve Leuthold, whose Grizzly Short Fund returned 74 percent last year betting against U.S. stocks, said now is the time to buy equities because investors are too fearful about the economy. The economy isn’t as bad as it was in 1974, when stocks began rebounding, said Minneapolis-based Leuthold. He predicted the S&P 500 will surge to at least 1,000 in 2009, representing a gain of 44 percent from yesterday’s 12-year low of 696.33. ‘Pretty Stupid’ “These comparisons people make with the Great Depression are totally out of touch with reality, and pretty stupid,” he told Bloomberg Television. “We’ve been in much worse, much more panicked and more scary situations in the U.S.”" bloomberg.com