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IBDvalueinvestin (99.67)

Sector Rotation out of Banks will start after Stress test report.

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May 06, 2009 – Comments (1)

Banks have rallied 100% to 300% depending on which bank you look at, but that was the easy money. Now to safeguard those returns many will rotate out of banks and into the energy sector again. That is the one sector which is still well below its former highs. Oil is still in mid $50's after being $147 in July 2008 Peak.

1 Comments – Post Your Own

#1) On May 06, 2009 at 11:52 AM, cbwang888 (25.40) wrote:

 Yes, energy and commodity stocks will continue to rise. Banks may not fall. Coal stocks look very cheap.

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