Financials are moving

I already mentioned before yesterday's close that financials were really strong:

Commercial bank stocks such as BAC, C, JPM, and WFC appear to have formed meaningful bottoms.

Investment bank stocks such as BSC, GS, LEH, and LM are near their all time highs.

Even savings & loans such as CFC and WM seem to have reversed the trend.

Insurance stocks such as AFL, AIG, BRKA, and MET seem to take a consistent uptrend.

Strong financial stocks always indicate lots of liquidity and are good for the general market.

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Watch XLF -192213- 给 192213 发送悄悄话 (28 bytes) () 10/28/2005 postreply 14:14:06

financials are good indicator -ntrader- 给 ntrader 发送悄悄话 (206 bytes) () 10/28/2005 postreply 14:16:11

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