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Post# of 36150
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Re: Cortisone post# 34633

Wednesday, 06/18/2008 10:47:27 AM

Wednesday, June 18, 2008 10:47:27 AM

Post# of 36150
Yes, that's the way I see it. Financials are toast, imo.

Just like most tech hasn't recovered from the 2000 crash, neither will the financials.

The big damage is yet to come to financials. I believe what we've seen so far is just the 'tip of the iceberg'.

Regional banks, like Fifth Third, are starting to show their troubles.

I guess the only way to play financials on the upside, would be to buy Visa and/or Mastercard. People will always use 'plastic' to get what they need, even though they have no money. :~)


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