Sergey Maskalik

What Visa's IPO Means for This Market

I just wanted to give you my contrarian’s 2c. I believe Visa previous owners are trying to get out from the credit crisis by doing this IPO; I think this is the last great opportunity for them to exit. And if you really think do you think American's are going to be using credit cards more or less? I think most of them are already deeply in debt and we don't have a housing bubble anymore to support extreme shopping. I think the number of transaction is going to decline as we enter harder times... and don't look at master card as an example, because it did well during different times. Right now we are in much worse situation.

Goldman's a Buy Heading Into Earnings

I'd have to disagree because other financial stock like Merrill Lynch has already broken the support and are heading lower. And today we have Goldman to break through 160 on the down side! The market in general looks like it hasn't made the bottom and financial stocks are the worst performers at the moment.