murray t turtle
Registered: Dec 2001
06-25-12 05:25 PM
Quote from tenthousandmen:
Many are staying the decline in energy indicates bad things for equities in the near future. Further, other equities cannot significantly climb with bank stocks so low.
Is this good analysis?
Apologies if this is a bad poll...
Election years tend to be UP.NOT a prediction;
BIG BANKS[C,BAC...downgraded BIG banks/PIG banks] are not a substitute for the banking sector;
many times ,small banks do well, especially if not overly regulated.Not a stock tip.
Usualy can find good uptrends/sectors;
good downtrends/sectors, same market.
While many are still crying about the real estate market;
for closures are a good time to buy. Not that i think RE has hit a bottom-real estate bear markets/buyers markets/downtrends are by definition ,full of bottoms
And with BAC calling a real estate bottom[2012,lol];
probably increases the chances its not close to a bottom Some real estate appraisers are talking ''ice berg inventory''