the financial stocks are getting CRASHED!

Quote from S2007S:

I think buying financials soon will pay off greatly over the next 3 years....I know its tough to buy the bottom and sell the top, but adding even a small position wont hurt, I would not suggest going all in at once, but buying small increments of XLF, I would stay away from the individual plays and stick with the ETFs.
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it might pay off...but you will have to take some serious heat...this is far from over.....
 
Quote from newguy05:

Man..it seems all the previous support levels for the bank stocks have vaporized. Look at mer, leh, wb, c, etc... almost in a slow freefall..

how low will the banks go, i mean at some point the book value has to kick in...
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The whole market is getting crashed.

Did the same thing to real estate and I see the same sentiment in stocks. Only difference is stocks are quicker to hit garbage bins than real estate.
 
Quote from stock_trad3r:

I hope Citi goes to $10 so prince alawee peewee loses another 10 billion
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Yeah he was the dumbass that was buying Priceline, Amazon, Ebay, CMG, etc at their highs.

LOL, I hope he gets hosed.

John
 
Quote from The Kin:

He's hedged with oil. :p
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sadly this is true, do you really think he cares THAT much about the prices currently? 1) His investment horizon is much further out 2) his fund is unlimited (until the oil runs out)
 
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