21 January 2010
Lots of blood on the floor
Looks like a shot gun blasted through the market leaving a spray of bank and materials stocks on the wall behind. Sam Peckinpah directed?
Way more losers.
Of course high beta names took a hit but not VMOs. Why? Low quality banks did best in the rotation from Big Banks
We added a bunch more names to FRS list. Some of them may not be with us for long.
Red Pie. Very Red.