Thread: Watch $C - Citigroup Inc.
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Old 09-01-2009, 12:49 PM   Nav to Top 
Longshot
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Originally Posted by Crude Oil Trader View Post
Don't buy on the dips here. Financials are going to lead the correction down. I wouldn't even think about Citi again until the SP test 950 support levels.
I'm inclined to agree. Barring any huge news to fuel speculation, there is just too much negative sentiment around C right now in both the media and the fact it's September.

I'm thinking the S&P will correct itself over the next 2 months by dipping to 950-960 then recovering its 1000+ levels after the new year.

It's been a fun ride.
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