Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The Electric Car, or MPG "what me worry?" -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (334)	9/16/2008 3:32:41 AM
From: Eric	1 Recommendation Read Replies (1) \| Respond to of 17575

OT Just got back from San Francisco late this afternoon (Monday) and was sitting in the SFO airport when my wife exclaimed the market had closed down over 500. She could see the CNN monitor behind me ( I couldn't see it). I turned around to see the numbers and just shook my head. Strangely I was not worried. Got back to SEATAC and headed home to fire up the computer and see what was happening. My solar stuff held up much better than I expected. Boy I would not touch any of the banks, what a mess. Bargains are coming really soon. There is a lot of stuff I want to buy but I'm being patient. I have a lot of cash I want to put to work but I am waiting. My best friend has Lehman Brothers Preferred and I told him about a week ago to sell. I think he has lost all of it now. The Fed is not going to save those guys this time. So I think we will see more of the investment banks die really soon. The commercial banks will pick among the ruins and win in the end. Pretty sad stuff.