Open Question
xlf:your thoughts on financial stocks i.e. earnings after recent dilutions. i.e
conversion of prefereds to common shares ?
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I think the financials will be fine. They've got the yield curve in their favor.
The dilutions will slow down eps growth, but they'll be making money anyway. DB
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Quite bearish based on the action. Still trading vehicles, I think. But I'm not
trading them right now.
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