Their is no crisis,it's well over people need to accept it and move on .Bassel 3 agreement may hold back growth in banks but it clearly acts as a safety net and works and when it's fully inducted by 2019 ,banks stocks will be safest stocks in the market
stocks usually need to test lows a second time before the upward recovery is properly formed so it could dip to under 24 cents again but it might not happen until after results , i think the movement after earnings will be timid , the market is likely to wait to see what happens in the general election so i dont see mid thirties for a month at least , that said , the sell off was very severe this past week across europe , the DB note last night might have changed things , talk of things being worse than 2008 seems over the top , if that happened , i dont think anywhere would be safe
not going to bother getting back in to tullow , im in freeport mcmoran in the states since it hit a 52 week low three weeks ago , bought a put the same day for protection , again a small coin toss investment , carl ichan is in so at least a big beast sees some hope
Yes don't listen to the muppet! Be very careful how you invest your hard earned cash. Consider risk, investment timescale & do u need dividend or you looking for capital growth based on share price increase. Many factors to consider!
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