The Bears have emerged from hibernation over the last couple of days and I must say, they are growling. They are currently leaning on the market trying to force more selling. Its not time to panic as that never made anybody money yet. I would be looking around for good entry prices like Wells Fargo under $23 is a bargain (all-you-can-eat). Remember, window dressing is coming up end of month and you know what that means! Up, Up and Away for the sexier names.
Disclaimer: I am LONG Wells Fargo (WFC) stock as of the posting date of this article. This post is merely to present an idea and not to try to persuade you to buy/sell any security within. Please do your own Due Diligence BEFORE making any trades.
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