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Strategies & Market Trends : Value Investing

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To: gcrispin who wrote (28941)	11/12/2007 2:14:09 PM
From: Madharry	Read Replies (1) of 78462

losing money is never any fun, and If pc lost money on etrade, i empathize. however I think its one thing to come here and say something is cheap and put forth the pros and cons of the credit and its another to look at a chart and say its a bargain because its been trashed. Just about all my commodity and resource plays are down in the dumps today. and my put are all losers too. Im again surprised that the financials are up. Suddenly they are bargains even though no one has a clue what the ultimate loss will be and no one in the popular media seems to have pointed out this bail-out of CFC, which is right out in th 10q released 11/9/07. I wonder how many other banks have availed themselves of this largesse. I sent an email to my congressman about this. I wonder what his response if any will be. I mean out here people make a big deal about a $200,000 grant to a museum- this is $28 billion increase to an institution thats being investigated by the SEC.

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