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This morning I ran across this Forbes article. http://www.forbes.com/forbes/2008/0616/152.html?partner=alerts
Sure enough, before I knew it I was looking at a daily chart of SLM, having recalled buying it a couple of years back with success. A monthly chart, which I view for huge perspective, revealed that SLM recently traded around the same price as in October, 2000. The daily chart reveals a recent crossover of the 7 and 20 day moving averages above the 50 DMA. As the article implies, there is certainly still risk in financials, but this stock looks intriguing enough to warrant further research.
Enjoy your Friday! (Aren’t Friday’s great?)