Friday, Nov 21, 2008
If Goldman Sach's gets cheap, n its bought by China, will China have taken over US Treasury?!
Reuters: U.S. bank shares plummet
* Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 25.5 percent to $4.77
* Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 10.6 percent to $11.68
* JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 18.5 percent to $23.21
* S&P financials index .GSPF falls as much as 8.5 percent
* Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 11.1 percent to $49.00
Posted by planning4acrash @ 01:09 AM (218 views) Add Comment
4 Comments
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1. techieman said...
yep so much for my year end rally! - so far! - The falls from the FTSE 4700 approx level looks like the path to new lows - before a more sustained rally? Yes i realise about the sustained rally thing might be a figment of my imagination, but after losing small on longs on this last downmove - am still waiting for a signal to re-enter longs , and then reverse when the move back up momentum fails. A couple of losing trades? Quite possibly but would rather lose a couple of times then not be positioned for the next bought of weakness.
Now as for T-Bonds.... thats another story
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