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consumer good stoocks or financial


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ezmoney7
PostPosted: Mon Feb 11, 2008 6:41 am Post subject: consumer good stoocks or financial Reply with quote

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Joined: 12 Apr 2007

Posts: 12
This Month: 0

2344.16 e$

Net worth: 6,960.38
Portfolio Value: 4,616.22
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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
PostPosted: Fri Mar 07, 2008 3:30 am Post subject: Reply with quote

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Joined: 07 Mar 2008
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6391.10 e$

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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
PostPosted: Sun Mar 09, 2008 6:16 am Post subject: Reply with quote

Investing Sr. Associate
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Joined: 30 May 2005

Posts: 123
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1874.02 e$

Net worth: 126,923.07
Portfolio Value: 3,605.05
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-90.00%
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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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