Chemist29

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33 Comments

    • Thu Mar 20th 15:50 PM | Rating: 0 0
      Commented on:
      The Credit Crisis and Potential Shorts
      shorting financials was the play almost a year ago...now is the time to pickover and go long, just like buying commodities and shorting the dollar was the play 5 years ago, chasing performance is why people dont beat the market.
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    • Mon Feb 25th 23:49 PM | Rating: 0 0
      Commented on:
      Friday's Turnaround: Raid on the Shorts
      Look, whatever happened to buy low sell high? Financials are down anywhere from 20-60% (bank of america to citi) and paying massive dividends. The market is bloodied, I'm here to look for bargains, and hold. Anything other than that is gambling as everyone has pointed out with rumors etc. Its like a casino, you dont know the cards, or the reds and blacks, just in the end you're gonna lose. Except in the stock market, you'll win over time. Be content with that.
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    • Sat Feb 23rd 12:10 PM | Rating: 0 0
      Commented on:
      Financials Offer Patient Bulls Many Opportunities
      This is a financial meltdown in magnitude just like the early 90s, and late 90s, right on schedule. No reason to believe they wont bounce back quickly just like they did back then. Maybe its not the bottom, maybe it is. I got bac at 42, wb at 33, and citi at 25. Citi's the riskiest probably, if it goes down more I'll just buy more. The economy will bounce back, too many doomsday armageddon predictions. Earnings will be fine once the major losses are done being written off, which is presumably already priced into the stock at this point, no?
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