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| ezmoney7 |
Posted: Mon Feb 11, 2008 6:41 am Post subject: consumer good stoocks or financial |
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 Investing Associate

Joined: 12 Apr 2007
 Posts: 12 This Month: 0
1988.90 e$
Net worth: 9,271.04 Portfolio Value: 7,282.14 Monthly Return: -3.04% Trades this month: 0 Churn Rate: 0.00%Items
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| Do you guys think that since the economy is sour right now that it would be a good idea to load up on financial institution stocks such as etrade at a bargain price, or would it be better to buy consistent stocks like ups, fedex, and food companies that excel no matter what kind of weathering the stock market puts them through? any thoughts are much appreciated. |
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| bazmanblue |
Posted: Fri Mar 07, 2008 3:30 am Post subject: |
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New Poster

Joined: 07 Mar 2008 Posts: 5 This Month: 0
6252.50 e$
Net worth: 6,252.50 Portfolio Value: 0.00 Monthly Return: 0.00% Trades this month: 0 Churn Rate: 0.00%Items
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| any professional broker would buy on the way up so i dont think its worth taking any risks just because it is at a low price. your just praying for luck than actually playing the market |
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| deprived |
Posted: Sun Mar 09, 2008 6:16 am Post subject: |
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Investing Sr. Associate

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WE are in a buyer's market- finacial industries is suffering now, but should work it's way back up. I think the banks and mortage have been beaten pretty good on the specualtions of the defaulted loans, of course the banks may have been smart and overshot the amount because of the bad reports coming out and it is better to overstate than to understate the amounts. ( I think it was exagerated pretty good.)
Me, I am looking at WM Washington Mutual, they are down to 10.71 as of late. |
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