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Wednesday, September 21, 2011
Regional Bank ETF Makes New Low
Even though the S&P500 is still 66 points above the annual low set in August, regional banks are making new lows. The regional bank ETF, KRE hit a new low today. Unlike the KBE which includes the larger money center banks, it's harder to blame the KRE's new low on exposure to international pressures like Greece.
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