Quit peeing in your boots...and quit spreading fear.
As an aside, I never invest in financials. I invest in QQQ which has no financials
Financials can make money but they are also a house of cards because of their leverage.
Other than that...suck it up and bear the pain.
The worst that can happen is you die.
It’s down a whole 10%?
Thats simply horrifying.
You better be concerned, DB has $57 Trillion in Derivatives, more than the entire world economy, and it is just one bank. The part two of that is who are the counter parties to those derivatives?
Germany, The ECU, and The Fed will have no choice but to prop up that bank somehow, it cannot be allowed to fail.
I hope you are right. From an earlier thread:
http://www.freerepublic.com/focus/news/3474892/posts?page=15#15
http://www.freerepublic.com/focus/news/3474892/posts?page=26#26