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ArkhamB
04-03-2009, 09:17 PM
Maybe I'm not looking hard enough, but I am really suprised how few if any threads there are touting the financials/banks. It seems like most posters who talk financials are pro SKF/FAZ. Why? The financials have led this recent rally, whether its a bear market rally is another question, and have hopefully been making people alot money.

I am new to trading, otherwise I might be able to post something about the technicals, or value. BAC has been a champ lately, along with WFC, they seem to be trading in a range, if it continued, this would be a really easy job. But I'm sure things will change.

I know SKF/FAZ have probably been cash cows for the past year, but hasn't that ship sailed considering all the government help/funding of the banks? Like I said, I'm new to this, but I think next week is really important. If there is separation upward of 8000 Dow, this could be a huge rally. Agree/Disagree?

Brian

Bolimomo
04-03-2009, 10:01 PM
Maybe I'm not looking hard enough, but I am really suprised how few if any threads there are touting the financials/banks. It seems like most posters who talk financials are pro SKF/FAZ. Why?
Brian
There had been plenty of threads on this very forum that talked about individual bank stocks. In fact, multiple threads on the same stocks started by different individuals. BAC, WFC, GS, LEH, BSC, FNM, FRE, etc.. Things had been discussed and forgotten.

Look down the list of threads. You should be able to find some. Or use Google to help you zoom in to some of them.


e.g.

LEH:
http://www.onlinetradersforum.com/showthread.php?t=42126

WFC:
http://www.onlinetradersforum.com/showthread.php?t=97655