If you thought that the 3rd quarter was tough for Energy, well, extrapolate that quarter onto a full year and you will understand how the Financials have done. They've been beaten down time and time again this year. Every time they'd try to rally back up, they'd get knocked back down. To a large extent this had been a non-discriminatory beatdown, although high-quality institutions, however discounted they may be now, have still faired much better than the likes of Citigroup and my personal favorite, AIG. Here I will detail the performance of the virtual mutual fund I've set up for the Financial sector on the Marketocracy web site. Orange line in the chart below shows how my Financial Fund has performed relative to the m100 (a collective Marketocracy fund that uses picks from the top 100 members), S&P 500, Dow Jones Index, and Nasdaq. <a
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