RE: The Credit Crisis Is Going to Get WorsePublic enemy...129 ignores in 374 posts...says it all.
I can find you articles that support a huge bank recovery is coming ...you ...post non-stop doom and gloom articles "The sky is falling... the sky is falling" ...no one is winning this arguement...!
I am buying the banks for the Dividends and the long term up side. No question North America and the world will be going through some major adjustments with oil at 145.00 and/or nearing 150.00. But the card game is far from over.
If you are that scared of the financial future I quess you'd better find a cave and take what cash you have with you of course those dollars are going to buy you less and less...but you'll be out there in the wilderness hunting for berries and grubs...so I guess you won't need money...or an economy!
And SP based on thin summer trading is not the smartest way to understand true value either.
When all you hear is negative... it's time to start buying...enough said.