I think there was a lot of pressure on banking stocks because of what will happen with the Fed. My sense is that there is a little more optimism and there's more of a chance we could get some mid-term intervention from the Fed.
"Western International Hockey League/WIHL"Trail Smoke Eaters (senior)/Trail Smoke EatersSpokane Jets"Western Hockey League (minor pro)/WHL"Vancouver Canucks (WHL)/Vancouver CanucksSpokane SpokesPortland Buckaroos
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/ height_ft = 5
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/ weight_lb = 180
/ ntl_team = CAN
/ birth_date =
/ birth_place = Rossland, British Columbia/Rossland, British Columbia/BC, Canada/CAN
/ death_date =
/ death_place = Trail, British Columbia/Trail, BC, CAN
/ draft =
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/ career_start = 1953
/ career_end = 1973
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"Seth Martin" (May 4, 1933 – September 6, 2014) was a Canadian ice hockey player. He played professionally for the St. Louis Blues of the National Hockey League. He was inducted into the IIHF Hall of Fame/International Ice Hockey Federation Hall of Fame in 1997.
More Seth Martin on Wikipedia.I think the NBA deal is kind of a question mark because it extends out very long, we don't really know where the NBA is going to be in four years.
I don't think you're getting a lot of investors stepping in here. Over the next couple of days is when people will be making major decisions.
I think stocks really are near their lows at this point and I think investors are bargain-oriented right now. They believe in some sort of comeback by the end of this year so if you believe in that, you have to like stocks at these prices.
There's still some nervousness ahead of the Fed meeting.
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