I was just looking at some of these banks..
The regionals have almost never sold off to 1/3 rd the value off their high.
this is very overdone......
Except the ones that deserve it like City morgan jpmorgan.....
The problem as I see it is that the smaller banks are being punnished like they are the larger banks.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, June 11, 2008
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