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Player Avatar DarthMaul09 (30.48) Submitted: 6/20/2012 2:52:56 AM : Underperform Start Price: $19.36 ZION Score: -18.91

The banks will be the first to benefit from QE and will likely to be the ones to suffer the most if it is not delivered or delayed too long. With the recent run up in the market, it looks like the stocks have already priced in QE in the near term. With low market volumes on the way up, it looked like the banks (GS etc.) were chumming the waters hoping to dump stocks onto the small investors before a disappointing FED statement.

I'm guessing that the FED knows that it needs to hold back the next QE until the European crisis forces him to act. And since Europe is still in denial, the FED must wait and hope that the markets do not sell off 20% over the next few weeks.

The local economies in many of the western states are unlikely to help ZION weather this storm.

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