Wells Fargo & Co. (WFC)

All Comments on WFC

  • commenter
    Pessimistic
    Optimist
    Oct 12 12:18 PM
    The Bottom's Within Sight - Barron's [view article]
    We have been hearing there is or there will be a bottom for some time. It is hard to go into the field when every economy measuring stick out there is crying wolf. One thing is for certain.. nobody knows when it will hit. maybe tomorrow, maybe next week or even next month.. or longer? Oops I just predicted it too.
    I am also sure we have all seen the 50 dma's, the charts of the last 8 dow crashes and every other standard that has happened in the past. The way I understand it is we have barely hit the bottom 3rd on many of these stocks and we have a ways to go. We will be waiting and hope to be in when it hits.. for there is no timing this most catastrophic event.
    Thanks again Eli for keeping us informed. I wish there were more concrete indicators of a more positive move but better to let it happen than guess more.


    Reply
  • commenter
    CLH
    Oct 12 12:07 PM
    The Bottom's Within Sight - Barron's [view article]
    The bottom is close. I agree Reply
  • commenter
    Tragicomix
    Oct 12 12:01 PM
    The Bottom's Within Sight - Barron's [view article]
    It WILL hit bottom --- and it won't be at zero and unfortunately it can be later than sooner. That said after dropping 40% the rate of decline has to slow down --- and if Paulson did something tomorrow instead of talking of in "a few weeks" it might be sooner than later and vice versa. Reply
  • commenter
    notsosmart
    Oct 12 11:43 AM
    My Website
    The Bottom's Within Sight - Barron's [view article]
    whose bottom is in sight. i hope its been wiped clean by all the worthless paper many are holding.the only bottom you can be sure of is the one you are sitting on. the usa has lost credibility around the world in many ways. Reply
  • commenter
    mr.g
    Oct 12 11:24 AM
    The Bottom's Within Sight - Barron's [view article]
    maybe the market will hit bottom in a few months - with a 53 trillion dollar cds storm headed the markets way I believe it will stay on the bottom for a very very long time - Reply
  • commenter
    BidAndAsk
    Oct 12 11:01 AM
    The Bottom's Within Sight - Barron's [view article]
    You always hear, buy low/sell high. Well, now is a low. Could go lower... you never know. Granted it could sting for a while, but even we can always inflate our way out of this mess. Reply
  • commenter
    cal48koho
    Oct 12 10:56 AM
    The Bottom's Within Sight - Barron's [view article]
    articles that comment on "is this the bottom now ?"are a waste of everyone's time and good bandwidth. No one knows. no one. bobbleheads all. Of course there are safety nets such as FDIC but if the currency is destroyed, they are irrelevant to a large extent. This disaster has features not present during the great D. With the kind of politicians and business goons we have, who knows what will happen. At any rate,hings look to be worse in Reykjavik. That should cheer you up. Reply
  • commenter
    Lilliana
    Oct 12 10:34 AM
    The Bottom's Within Sight - Barron's [view article]
    As the man said,while on the raft.

    After 40 days 0f continuous rain...

    Will this rain ever stop.?
    It always does.     Reply
  • commenter
    User 270430
    Oct 12 10:25 AM
    The Bottom's Within Sight - Barron's [view article]
    Barron's is a corporation, serving the interests of the corporation. Why would anybody put any credence to what they have to say?

    Where were they (mass media ala Barron's) when the market failed to take out the highs in Oct 2007 and instead had a massive reversal? That was a classic sign that the BULL was over. Of course, it was yet to be confirmed, but the point is where were the Barron's and the like?

    No where, they were saying BUY, and they are still saying BUY... Don't listen to analysts or mass media, do your own research and invest according to your own financial situation.     Reply
  • commenter
    msoori
    Oct 12 09:50 AM
    My Website
    The Bottom's Within Sight - Barron's [view article]
    I hope Barrons is right. Where did they get the crystal ball? I want one too! Reply
  • commenter
    DCM
    Oct 12 09:46 AM
    The Bottom's Within Sight - Barron's [view article]
    Each day that passes, information will be revealed about just how dire the situation is. More importantly, most Americans, (the 90% that controls but 10% of the wealth) will finally wake up to the fact that this country is no longer a democracy, but a plutocracy. Every single economic policy supported, promoted and enacted by primarily the Republicans in Congress will be exposed as policies designed to keep the wealthy in power and the rest of us constrained. For more than 25 years, the Republicans have supported supply side (trickle down) economics, tax cuts for the wealthy, deregulation, consumer spending (vs. saving) and a dismantling of consumer protections. The Democrats are just as guilty for not standing up to the Republicans and in many ways supporting legislation that has protected the plutocracy. I think both sides have intentionally employed gridlock
    as a tactic to evade doing anything to benefit the majority of Americans.

    Now that financial armageddon has come to the world, who are the first to be saved? The wealthy!!!! As this world wide depression sweeps the planet, I think there is a chance that we may see a significant amount of class warfare erupt. It may get very ugly, before it gets better, but it will get better!

    Reply
  • commenter
    DisciplinedI
    nvesting
    Oct 12 09:29 AM
    My Website
    The Bottom's Within Sight - Barron's [view article]
    I would rather see more bearish headlines than bullish ones. I hope the article is correct, but market bottoms are generally made when all the headlines and magazine covers are bearish. Reply
  • commenter
    Timothy
    Stolz
    Oct 12 09:26 AM
    My Website
    The Bottom's Within Sight - Barron's [view article]
    Please define that portion of the phrase "within the next few months." Reply
  • commenter
    eddie64
    Oct 12 08:38 AM
    The Bottom's Within Sight - Barron's [view article]
    Wish this was one of the rare times Barrons was right. Unfortunately there is "no history" for what America is experiencing now! Wall Street has created 50-100 of TRILLIONS OF $$$$$$$$$$ of phoney trading instruments called Credit Default Swaps and Derivatives......... Stocks, Bonds, Options and Futures weren't enough for the GREEDY firms and exchanges needing "trading volumes" to satisfy their thirst for GROWTH! Creating these instruments was risky enough, but using 5% margins and/or 40-1 debt/capital ratios was insanity...........
    Exploiting the Sub-Prime MORTGAGE ALBATROSS WITH GSE's and accommadative LEGISLATION, SEC "non-enforcement&... Congressional "protection" was the perfect brew for these
    ROBBER BARRONS!!!!!!!!!
    Americans have lost ~$7 Trillion recently, yet nobody is questioning WHO GAINED THAT AMOUNT"????????
    America is "bankrupt" and the taxpayers [we who lost] are on-the-hook for another $$$$$TRILLION or so......... Interestingly, those who got the TRILLIONS were seemingly protected from the funding of the BAILOUT.......... HMMMMMM!!!!!!!!
    America is no longer credit worthy, as France and Germany and China are telling us. So who will buy our debt????????
    America is now hostage to oil producing "not-so-friendly&... countries who can drive a massive nail in our coffin by simply reducing oil production by 20%.......... See, we can't drill here!!!!!!!!!!!!
    America's political system is "corrupt" at best and looking like the tsunami is dead ahead!!!!!!!!!!!!
    So Barrons, these circumstances never existed in our "history" and we are in totally uncharted waters, alone with our mess, with no ports in reach or large enough to dock our MASSIVE DEBT LADEN SHIP!!!!!!
    IMHO     Reply
  • commenter
    venividivici
    Oct 12 08:09 AM
    The Bottom's Within Sight - Barron's [view article]
    "likely to bottom in the next few months" Wow that really is telling us something! At the current rate of decline that might be zero. Reply
Loading...
Symbols:
Authors:
Quick Links: