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Non-Tech : Banks--- Betting on the recovery -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (681)3/9/2010 10:46:08 AM
From: tejek  Respond to of 1428
 
Bought when they did the secondary.....for my IRA. Bought some for my sister too. Pandit seems to be doing the right thing. I also own BAC, HBAN, and RF. I don't think we will see another banking opportunity like this for a long time. I didn't buy enough of Ford so I am making it up with the banks.



To: Road Walker who wrote (681)3/9/2010 12:08:36 PM
From: tejek  Respond to of 1428
 
C is breaking out!



To: Road Walker who wrote (681)3/9/2010 2:49:39 PM
From: tejek  Read Replies (1) | Respond to of 1428
 
Almost a billion shares have traded on Citi!

I wouldn't buy any until there is a pull back. IMO this action is mostly just the end of the market rally we've been experiencing for the past month. All the boats get lifted.

Having said that, there has been a lot of positive news coming out on Citi for the past two weeks. I think the bank may be turning a corner.


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