Canadian Banks

[ottawawind]

Any experts here can comment on the recent move on Canadian bank stocks? Are they going to be like the ones south of the border?

 

[挺傻]

不至于那么惨吧。不过无底进行时。耐心等。

 

[LaoNi]

Hard to say, but definitely won't be as bad as the banks down south. Lets wait until their first quarter result by end of this month. My prediction is that they will bounce back after that. :>

 

[风 雨]

Many people believe the stock market is usually 6 months ahead of the economy.
It appears nobody thinks the recession will end that quickly at Sep'2009. Therefore Mar'2009 is unlikely the long-term bottom of the market.

However, the market goes down in "waves". If you can grab the bank stocks at the bottom of a wave (even it's a down wave), and sell it immediately after a 15% gain, you could still make quite some money.

 

[058]

石油泡沫完了,加拿大银行的神话也开始收场了.等政客不再梦想当G7的领头羊时,时机可能就来了. 美国熊市已快十年,尚不知何时结束.但愿加拿大股市与美国同步,如果加国熊市从去年才开始箅,那真是可怕.

 

[风 雨]

Bank stocks rebounded strongly in past 2~3 days. It's all about timing.