Growth (!?!?) of $10,000: KBW Regional Banking Index Through Feb 2008  Dividend Yield4.13%
 Quote: The author is claiming it is a 6 percent yield, the yield of the securities as of last night is actually 4.13 percent. The 6 percent yield is probably considering the payout of the Synovous Financial subsidiary which was distributed as cash to shareholders as a dividend instead of return of capital which is what it was.
KRE continues to make lower highs. The top in KRE after the latest Fed action was 39.71 versus 41.93 for the December Fed action on December 12th when it was thought the FED was going to make KRE a buy (KRE is down 13.6 percent since then) :
http://www.early-retirement.org/foru...eze-31811.html
Until KRE rallies to a higher high over the 200 day average I see no confirmation of an uptrend. However for anyone willing to play the KRE falling knife game with KRE at 35.07 you could buy the ETF with a stop at 31.75 risking about 10 percent loss for a potential gain of 20 percent plus if the bank stocks are actually going to turn around and exceed their December highs. Personally I find the 2-1 odds on that play unattractive myself but an understandable risk.
I will continue to await my 26-28 price range.
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Oh, what'll you do now, my blue-eyed son?
I'm a-goin' back out 'fore the rain starts a-fallin',
I'll walk to the depths of the deepest black forest,
Where the people are many and their hands are all empty,
Bob Dylan
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