Re: Article - Banks will soon put subprime behind them: analyst
in response to
by
posted on
Aug 29, 2008 08:19AM
Producing Mines and "state-of-the-art" Mill
Wanderer, that could be part of it too. Although the banks are not at a bottom and they may (likely to do so in my opinion) sink significantly lower than they are, there is a strong argument for a buy and hold for the long term. So I think some brokers could be reasonably suggesting to long term investors that they get in at this stage (or at least at the prices earlier in the week.)
Cheers,
Bluenoser