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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (44019)1/17/2013 3:53:56 PM
From: Keith Feral  Read Replies (1) | Respond to of 218453
 
Big banks are all taking a breather after a big run since early December. C from $35 to $42 is a big move for a stock with terrible earnings and no yield again this quarter. Banks feel a lot like Apple at $700 a couple months ago - they are in the comfort zone. I hate being invested in the comfort zone.



To: Fiscally Conservative who wrote (44019)1/17/2013 3:54:17 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 218453
 
You and me both.....melt ups are difficult to work in. This whole damn market looks toppy, I expect a pb and the meat grinder just keeps going!

I have the cure.....If I go fully long, margined to my eyeballs you guys can short with impunity because it will mark a top!



To: Fiscally Conservative who wrote (44019)1/17/2013 5:50:35 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218453
 
This market is designed to fool everyone, not just you, so join the club...<g>

GZ