Official Let's Make Some Money Off Stocks Thread
#2021
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Shatt,
What do you think about the hefty pull back today in BAC (and other financials).
I've been waiting for a significant pullback to add some more shares.
Should I wait for 7's?
Don
What do you think about the hefty pull back today in BAC (and other financials).
I've been waiting for a significant pullback to add some more shares.
Should I wait for 7's?
Don
#2029
Moderator
Originally Posted by andreiscv,Apr 20 2009, 06:42 PM
Buy banks now only if you like to catch falling knives by the blade lol.
Wait for the fallout of the secondary trailing indicators (read: the newest unemployed defaulting on another round of loans), and hold out for Black Monday '09 (October).
Then, go Goldman, JPMorgan, and WellsFargo.
Or, buy those three now, and grit your teeth REAL hard for the next year. IMHO.