Dead Cat Bounce?

What do you guys think about the massive upswing in financials today?

Personally I think they are going to give it all back and that there are more write downs to come, but on the other hand we should be on the lookout for these stocks to make the comeback I posted on this week. When the bulls return it will be the financials that make our returns phenomenal.

You can look at it one of two ways:
1.) Sure these are bargain prices but stocks will continue to fall and this is not the right time.
2.) This might be the turn around point and now is an excellent time to buy. Also, even if they do go lower the eventual gains will still be huge over the next year.


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