Comments on: Time to Buy Financials? http://www.daxdesai.com/2007/12/30/time-to-buy-financials/ High Return Investing with Dax Sat, 22 Jan 2011 18:41:16 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Anthony http://www.daxdesai.com/2007/12/30/time-to-buy-financials/comment-page-1/#comment- Anthony Wed, 02 Jan 2008 09:50:44 +0000 http://www.daxdesai.com/2007/12/30/time-to-buy-financials/#comment- Financials still make me nervous. I like the ideas for the plays though. Financials still make me nervous. I like the ideas for the plays though.

]]> By: Timothy Sykes http://www.daxdesai.com/2007/12/30/time-to-buy-financials/comment-page-1/#comment- Timothy Sykes Mon, 31 Dec 2007 14:11:19 +0000 http://www.daxdesai.com/2007/12/30/time-to-buy-financials/#comment- The support line should be a little lower on BAc at $41 and if it breaks that, Ii expect it to go the high $30s. Support is fine if it holds, but it's getting dangerously close to breaking and its gonna crush all the idiots who buy "systems" that say "buy stocks at the bottom of the range". C'mon Wall Street greed, don't let me down, gimme some more negative headline! (I'm not short, in fact, I'll buy if it does hold, I've just learned that the greatest profits stem from the most unlikely situations, so i'm hoping this will be one of them) The support line should be a little lower on BAc at $41 and if it breaks that, Ii expect it to go the high $30s. Support is fine if it holds, but it’s getting dangerously close to breaking and its gonna crush all the idiots who buy “systems” that say “buy stocks at the bottom of the range”. C’mon Wall Street greed, don’t let me down, gimme some more negative headline!

(I’m not short, in fact, I’ll buy if it does hold, I’ve just learned that the greatest profits stem from the most unlikely situations, so i’m hoping this will be one of them)

]]> By: princeofwallstreet http://www.daxdesai.com/2007/12/30/time-to-buy-financials/comment-page-1/#comment- princeofwallstreet Mon, 31 Dec 2007 06:51:53 +0000 http://www.daxdesai.com/2007/12/30/time-to-buy-financials/#comment- I really like the First Horizon idea and I think that there is a similar rationale for a long position in IndyMac (IMB) since IMB has a strong thrift but has taken a huge hit on originating Alt-A loans. I will respond to your comment tomorrow. Flying back to LaGuardia right now and have to board the plane. I really like the First Horizon idea and I think that there is a similar rationale for a long position in IndyMac (IMB) since IMB has a strong thrift but has taken a huge hit on originating Alt-A loans. I will respond to your comment tomorrow. Flying back to LaGuardia right now and have to board the plane.

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