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Have you noticed? Goldman Sachs (GS) is now back up to the same levels as in September 2008 (right before the bottom fell out). Is it just me or is that crazy?

Looking at some of the other major banks (Wells Fargo, JPMorgan, Bank of America, Citigroup, and Morgan Stanley), this is also the case with the exception of Citigroup (C) and Bank of America (BAC). Even though Citigroup and Bank of America aren’t at their old levels, both have advanced over 250% from low to high in the rally.

So, my question to you is has there really been that much of a turnaround in the health of all these banks?

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