Re: OK Then maybe I'll just cave....
- From: "BuffettHater@xxxxxxxxx" <BuffettHater@xxxxxxxxx>
- Date: Mon, 31 Mar 2008 07:05:06 -0700 (PDT)
Talk me out of it please.
If you invested in GE 10 years ago you'd be down 25% on your invest.
In Euros or Canadian dollars you'd be down 75%. How long before
foreign investors say NO MORE????
2 weeks ago 'they' told the little idiots like us to buy pharma, its a
safe
place in the storm. This morning the sector is crashing and burning,
the ones 'they' liked best are down 20%.
Good stocks don't get chatted up, disasters about to dive seem to get
lots of chat as big money unloads it.
IMHO this is no time to buy, i get a feeling that some huge even is
about to be unleashed that will give a far better buying opp. GE is a
great/good co, but this credit crunch that no one, ABSOLUTELY NO
ONE know how this will be resolved.
To quote the very nervous Paulson, this is a main street problem, not
a wall street problem. There is nothing wrong with TBills or cash un-
til we find out what is rotting and where.
.
- References:
- OK Then maybe I'll just cave....
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- Re: OK Then maybe I'll just cave....
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- OK Then maybe I'll just cave....
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