Thread: Financial News
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Old March 6, 2012, 08:59 PM
iDumb iDumb is offline
Cricket Legend
Join Date: June 18, 2010
Location: NYC
Favorite Player: Di Caprio
Posts: 5,137

yeah credit card stocks are good. my favorite has always been mastard card though. By financials i meant bank stocks. i sold my bac position when dow stalled at just below 13 k on low volume, i ddint like the volumes past 2 weeks. fas i held thinking if overall market moves upward (which would primarily be driven by european debt/bank rescues, job growth) by default banks (the cause of recession) would be up signifivantly. but now if dow drops in fear of the same crap for last 1 year, bank stocks woild be first to suffer; not apple. thats why i am scared. i lost a lot of money past 3 days.....u cant hold this type of stocks .. gotta trade with market sentiment.
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