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Don't liket his rally - Financials lagging badly
- Thread starter Jahajee
- Start date
Why would the financials lead, equity holders can still be decimated by gov buy ins and their earnings are going to suck without all that leverege.
The point is that the credit crisis has hopefully now been contained and other sectors of the marke that have transparency and real sustainable earnings can now be valued based on a future where the financial system has not collapsed.
The point is that the credit crisis has hopefully now been contained and other sectors of the marke that have transparency and real sustainable earnings can now be valued based on a future where the financial system has not collapsed.
My thoughts echoed Mvic:
http://www.elitetrader.com/vb/showthread.php?s=&postid=2122196#post2122196
http://www.elitetrader.com/vb/showthread.php?s=&postid=2122196#post2122196
Quote from Mvic:
Why would the financials lead, equity holders can still be decimated by gov buy ins and their earnings are going to suck without all that leverege.
The point is that the credit crisis has hopefully now been contained and other sectors of the marke that have transparency and real sustainable earnings can now be valued based on a future where the financial system has not collapsed.
They're two different sets of stocks.
One contains a lot of stocks that could be diluted by 79.9% overnight following a government infusion of equity.
The other doesn't.
One contains a lot of stocks that could be diluted by 79.9% overnight following a government infusion of equity.
The other doesn't.
Quote from S2007S:
Financial index should be up at least 5% more than where it is now, I wouldnt doubt seeing the DOW close up only 100-200 points by the 4pm close due to the financials lagging ALL DAY LONG.