And many financials are still trading below book value. Glad I own FAZ puts....
I wonder how many right-wing jokers will be jumping into the market now after sitting out since Obama was elected.
8 from 45 financial stocks in S&P are up 2% and morehttp://www.trade4stas.com/MakeIndexPerfomanceReport.do?index_name=S%26P+500&record_date=03%2F11%2F2010§or=40&lang=ENG
At this rate, FAZ will be at $14 in two days. I own $14 puts. So, that makes me happy.