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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (21803)1/4/2000 9:20:00 PM
From: Ron McKinnon  Read Replies (1) of 53068
 
2 more buy orders for the Z
both banks
1000 ANDB 25.875
2000 PHBK 14

why banks and why these and the others?

I've chosen ones i know well
pick any one near you and take a look

why banks now?
everyone hates them
rate fears
P/E's back to the 10 level
some dividends
prices at 50% of peak highs
near 1-2-3 year lows

they may go lower but i cant pick the exact day low

and they are for holds

defensive buys on my part

with some potential for gain

if anyone has a bit of extra dead cash i'd strongly suggest you put 5-10 financials you know on your watch list
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