On Thursday, the House Financial Services holds a hearing on mark-to-market accounting, blamed by some for sinking the banking sector. An alteration of the rule would have a big upside impact on banking stocks.

Check this out., http://www.cnbc.com/id/29549920

Can take a look at NYSE:FAS if u r interested in US stock.

anyone bought FAS ?? surge 30% over.

Don't worry junior, still plenty of chance, wait for the next Tsunami come, aim for FNM/FRE when it is around 0.3x, like i bought it about few weeks ago at 0.38, now 0.58. I'm still holding.

I really miss FAS, it really going FAST from 2.x to now 5.x
I also looking at KFN and XTXI, both also have potential to surge alot.

FNM/FRE up 300-400% last week