Street Fight: Analysts Battle Over the Bottom in Financials

The entire babyboom generation is set to liquidate on the 40th aniversary of Woodstock. August 15, 2009. Better be out by then.

"Listen, if you want to make $$$ you have to buy when their is good old fashioned blood on the streets." Blood on the streets ranges anywhere from drops to pools of blood. After the tech burst I could have bought 100 shares of pcln @ $10 ps with the ~$1K I had to risk. That was drops. I bought 1000 for about $1090 when there were pools. $10 ps would have brought me ~ $10K to date. The same ~$1k investment is at $100k today.

hmm

A random thought... Maybe the financials drop today WAS to lure the short-sellers. Curious to see what happens on Wed BTW - I notice that Yahoo! Finance User - Wednesday August 13, 2008 12:22AM EDT, said "could have" and "would have" Ahhhhhhhhh, those words... :-)

Because her word is gold now and can do no wrong. Every time she says oh I think this company or that company is going to have more writeoffs, the stock tanks and everyone says, wow she is right again. The problem is it is just an educated guess. But her words are taken as law and the market tanks. What she should do is shut up and lets she how right she is then. It is easy to be right if your words control the market.

The XLF is down 10% in the last day and a half. It is down over 20% since 2003, down 10% since 1998! These stocks STINK and have stunk for 10 years. Hey pqbooicu - Go ahead - waste all the money you want here! LOL Commodities Rock - DBC is STILL way up for the year. How about your boy, Stevens from Alaska, his dirty dealings still make Edwards look like a choir boy!

I blame the independents

Ask yourself, who correctly called this crisis in the first place, the folks like Whitney, who warned you, or the folks like Brown, who told you the coast was clear when it wasn't back a year or so ago, yet are rushing to (shamelessly) assure you that the coast is clear again! Face it, most of you longs missed the whole story before it happened and are worse than worthless as seers now.

I am buying XLF, yes the financials will go lower in the near term, but I am not trying to catch the bottom b/c that of course is highly unlikely. I just want to catch it low and get a nice 50% return in 3-5 years with a nice divident. If it goes down more, I will snatch some more up. XLF is 4 points above the low/panic day price, down 15 from it's highs. Risk/Reward, Downside vs. Upside. Nuf said.

Seriously dumb: The low level of discouse here and a collection of some of the dumbest comments ever seen on the internet are on Tech Ticker. That's too bad, cause the videos are pretty good. Are y'all drunk college kids -- or just plain clueless ? Really, its quite astonishing. . I've never seen so many retards in one place outside of an institution.