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Alex the professional trader
A life of trading, friendship and passion
06 November 2007
6-11-07 : Bank Index at all time low
US Bank Sector Index has droppped to all time high of 410 to now 310.
With such a low point, one wonders if the bank stocks will cont to go down, particularly fundamentally strong counters like BSC, GS and JPM.
THus have to be more careful when shorting these counters.
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