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Citigroup Inc. Message Board

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  • john.eduardo61 john.eduardo61 Jun 28, 2008 8:06 PM Flag

    To Buy or Short Financials - what a dilelemma !!

    Short financials until home prices stop falling. That is what they have over leveraged their future on. Lennar homebuilder says housing will get worse throughout this year into next. Either inflation will run rampant killing the consumer due to the fed not raising rates OR banks and housing will get hammered due to the fed raising rates. PICK YOUR POISON OR SHORT.

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