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financials

  1. 3,311 Posts.
    XFJ is now just under 5000pts which is 33% below its October highs of ~7500.

    The XFJ index was ~3500pts in March 2003, the commencement of the bull market. If we assume the longer term rational capital growth of the financials sector is 5%pa (this obviously excludes extra returns from the FF Dividends) the XFJ may still have another 400-500pts to fall.

    Any comments?

 
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