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Banking Sector Plummets
 National banks took a nosedive today dragging down the entire market. News of JP Morgan revealing that it's mortgage-related losses already exceeded third quarter losses - simply amazing to me how bad the market is. WaMu is heavily involved with the mortgage crisis so this news devastated my stock. I'm down about 15% from my purchase - i'm going to sell out once it gets closer to my purchase, cut my losses, and play the market. I purchased this stock too damn high. Banking Sector Plummets |
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