Washington Mutual (WM) and ETrade traded higher today. I have a feeling that Wamu hit its bottom at $4.80. I think its safe to say ETrade's at its bottom as well. I feel both these stocks are due for a rebound, more so ETrade. I think Wamu's more mired in the credit crisis than Etrade.
Im looking for a long term, financial-rebound play with both these stocks. 2nd quarter results should be interesting to say the least.
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