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Hudson City Bancorp, Inc. Message Board

  • newdayjoac newdayjoac Jan 5, 2012 1:33 PM Flag

    ok this is simple

    from 1991-2006 you could buy and hold bancorps and they went up fantastic
    2006-2011---they went down in fires
    2012---like the pheeenix you can buy again and forget about them the time is right

    these things are like trains once they get going in a direction

    now is buy and hold

    in 1991 we had a rout in north east RE homeprice was flat in nyc an nj untill say 1997..yet even with flat home prices bancorps went bananna's in upward m and a fueled bully...

    so my guess is it good time to hold whatya got and a great time to buy em....

    those who look back at 2008 are frozen.....many will be surprised at the fantastic jump in prices these banks could make.....

    look at bank charts 1991-1998........a time where housing was flat....after s and l explosion and bailouts by fdic


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