Financials

Question

When do I start buying the financials, specifically the ETF&#x27;s??&#xD;&#xA; &#xD;&#xA;when do they officially become "under valued"&#xD;&#xA; &#xD;&#xA;want to get some October calls for some of the Financials ETF&#x27;s&#xD;&#xA; &#xD;&#xA;have we hit bottom, overall, for the financial sector?

LongTermProfits · Answer

When do I start buying the financials, specifically the ETF&#x27;s??&#xD;&#xA; &#xD;&#xA;when do they officially become "under valued"&#xD;&#xA; &#xD;&#xA;want to get some October calls for some of the Financials ETF&#x27;s&#xD;&#xA; &#xD;&#xA;have we hit bottom, overall, for the financial sector?

KOAJ · Answer

no time soon unless you want JPM or HCBK

who knows? was bear undervalued at 30 when they said they had a book value of 80/share?

enjoy...i dont like pain and like to sleep at night

probably not...bear has been the only big house to price its cdo assets or have them priced for them...LEH is next. LEH is the market right now

LongTermProfits · Answer

good points

The_WAREwolf · Answer

With many financials reporting this week anyone liking the Ultra Short Financials ETF (SKF)?

The_WAREwolf · Answer

FYI: I got in earlier this week around 107....

red-dog · Answer

I would look into buying Jan 2010 $30 calls on  XLF.  That might be a good investment and you don&#x27;t have to take a tums every night.

Financials

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