Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: MulhollandDrive who wrote (56329)	4/9/2008 5:59:28 PM
From: Jorj X Mckie	Read Replies (2) of 57110

I haven't dived in yet.... I am looking mainly at the chart for this. I'm thinking of an entry at 11.00 with a stop at 10.50. My short term (60 day) target is about $15...... I'm not necessarily thinking that the banking industry is solid fundamentally, but I am thinking that most, if not all, of the bad news is priced into most of the stocks. It's pretty obvious that the smart money has known for some time that WM has some problems. Now that the press has made sure that the dumb money like me has the information, I see limited downside risk. Other than a few stocks, I don't see any reason to get back into tech right now.

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