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Bank Stocks - Watch out

  1. munch

    3,567 posts.
    In these times while all stock prices are falling (except asc) banks could have a real profit hit... look at Citigroup last night... all it takes is one large corporate failure and the banks will see the single digit PE's again.

    Just a warning in my opinion.

    Don't listen to the commentators tell you banks are a defensive investment... very aggressive in this environment.

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