Wednesday, January 05, 2011 3:12:47 PM
So you're saying despite another financial crisis, further waves of home defaults, Option ARM '11 resets, State and Local municipalities losing money from revenues (will undoubtedly need a bailout, right?)
You still believe the Russel 1000 financial index, whose top 10 holdings in Nov, 2010 were:
JPMORGAN CHASE & CO
BERKSHIRE HATHAWAY INC
WELLS FARGO & CO
BANK OF AMERICA CORP
CITIGROUP INC
GOLDMAN SACHS GROUP INC
US BANCORP
AMERICAN EXPRESS CO
MORGAN STANLEY
VISA INC
You believe that index will not track downwards?
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