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Pastimes : Where the GIT's are going

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To: Carolyn who wrote (157285)1/11/2008 7:06:38 PM
From: Augustus Gloop  Read Replies (1) of 225578
 
I've heard that too and I think Washington Mutual will be consumed by someone. Just as with insurance companies, financials have a tendency to buy out and consolidate when we start hitting lows. What is the saying? Buy your straw hats in the fall?

BTW - buying stock on buyout rumors is seriously risky. If you're going to do it make sure you have the staying power because in most cases these companies can stay in bear mode longer than people can stay liquid
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