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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (79699)3/11/2008 8:39:56 AM
From: Paul Kern  Read Replies (1) | Respond to of 94695
 
Yeah, I'm looking at exporters, but not yet. If you can get C
in single digits, that would be a steal, assuming the Fed
does not allow BK (a good assumption for C). Some beaten
down banks.


If I remember, C was selling for a split adjusted price under three dollars in the early 90s S&L crisis swoon.

EDIT: And the pound cost around $2.00 then.