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.

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