Newenergy, what is it that makes you think the Financials hit bottom yet? Closer, imo, not bottom though, imo. The Cat is out of the bag that is fore sure! The fall will still be long away and more painful, imo. When solvency is key to banks? The solvent they have used over the years is frkn very good and may not be easily wiped up or swept under the table.
The hope I have had in this play over the years was in GOLD in the ground and it's future lining my pockets. Remember they haven't proved their interests since leaving Adven, West African Gold, GreatWestGold and now Huntgold.. AKA Fortress Finacial Group.
For an interesting trip. Go over and spend a couple days at stockwire.com and feed yourself on some history...GWGO. I would think you may notice some similar and very striking truths are told by a lot of us who are not so optimistic, like a lot of those freshly here.
All good to you and everyone, just I keep seeing the GOLD and Silver price get clear breakouts and in a seasonably early fashion!!! While banks and FNMA FRE are on the chopping block! That will be time consuming. Later this fall to early next year the Banks and Financials may very well be a buy for me, imo..
GLT
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