The last time I posted that I had a bad feeling about Citibank the stock got hurt the following day. I am not as sure this time but I am very wary of Citibank here. Citibank has gotten over $40 Billion of cash since December 2007 and I think they are in serious trouble.
MER is also one to watch here too. Alot of people like Cramer is talking about financial have bottom but funny enough two weeks ago when these stocks were lower he was saying he would not touch any financials. OK which one is it Cramer???????????? Just like when he said gold going to $1250 and I said gold will goto $850 before that happens, oh well Cramer you lost again.
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