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To: MythMan who wrote (387920)6/4/2009 3:11:50 PM
From: Real Man  Respond to of 436258
 
Yeah. I wonder why the BKX chart is so bearish. Banks
peaked in early May, and it says they should drop now.
I guess the shareholders love new TARP shares and new
wonderful standard of earnings reporting. If I say 12%
delinquent prime mortgages that are not paying or in foreclosure
temporarily suspended payment and move them to level 3, then to
the Fed, I'm ok. This ongoing housing stuff must be uber
boolish for the banks. <g>



To: MythMan who wrote (387920)6/4/2009 3:51:17 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
You'd think with this kinda stuff financial shorts are long gone.
This was weird. Financials were pretty popular, to say
the least. And I know it's May, 20 <GGG>

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