I've gone on for months about my Regional Bank Thesis, That it is the Regional Banks that will win, in the finance Sector, and not the Shit Banks( Money center, Ibanks).
I have what is a start of a Technical confirmation of my Thesis. as the XLF has Retraced 50% and the KRE has retraced 38%.
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
Tuesday, July 29, 2008
Regional Bank thesis
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