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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: saveslivesbyday who wrote (214213)8/5/2009 2:46:31 PM
From: Bank Holding CompanyRead Replies (2) | Respond to of 306849
 
JPM and GS should be the only 2 stocks in the portfolio!



To: saveslivesbyday who wrote (214213)8/5/2009 2:48:17 PM
From: saveslivesbydayRead Replies (1) | Respond to of 306849
 
I guess we can all pretend the trillions of $$ of $hit on the banks' books is just going to disappear.



To: saveslivesbyday who wrote (214213)8/5/2009 2:49:26 PM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
Look for that 1014 SPX 38.2% Fibo to get tagged before we head down in earnest. It's too close for Squidward's blood funnel to miss it......prolly tomorrow, since it's also a full moon, perfect for a turn.



To: saveslivesbyday who wrote (214213)8/5/2009 7:42:54 PM
From: PerspectiveRespond to of 306849
 
I can't believe it. WFC closing in on old highs. It's like people have completely forgotten that these guys have a $hitload of bad loans on the books. At least I had the good sense to stay away from this one short...



Did they have to do any share issuance?

WFC $130B market cap, BAC $145B market cap, JPM $165B, GS $90B. No doubt about it - they ARE the economy.

`BC