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wildcat · 07-31-2007, 08:42 AM

Hey Brew,

How much longer do you think it will be before the bad news works its way through the financial cycle? Don't know if you can answer that. I am not saying financials are expensive (some have pretty low exposure to the mortgage fall out) but if more bad news comes down the pipe I can always rely on the media to discount things further. Being ready to buy several times and keeping some cash on the sidelines is probably the best approach with the financials. I am loving the financial risk coverage in the media -- burn baby, burn.

07-31-2007, 08:42 AM	#15
wildcat Thinks s/he gets paid by the post Join Date: Feb 2005 Posts: 1,927	Hey Brew, How much longer do you think it will be before the bad news works its way through the financial cycle? Don't know if you can answer that. I am not saying financials are expensive (some have pretty low exposure to the mortgage fall out) but if more bad news comes down the pipe I can always rely on the media to discount things further. Being ready to buy several times and keeping some cash on the sidelines is probably the best approach with the financials. I am loving the financial risk coverage in the media -- burn baby, burn. __________________ "These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"