Who's got the best weekly performance? Post numbers here
So with the unprecedented volatility in the market over this week...
Who's been calling it right?
And what are you're numbers?
I didn't get in until Wednesday and am looking at a 10% yield off a mixed portfolio of industrials and financials. But I am value investing and holding for at least a year.
Examples. IR at 29.25 BAC at 7.02
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What is everyone's view on BAC? Tanked a lot recently, perhaps a good long-term investment? I seriously doubt they will be allowed to bust out.
just because something tanked does not mean that it is a value buy. I think BAC has tanked specifically because it isnt a long term buy, its actually a potential short term and long term catastrophe.
All major US financials are poor investments if interest rate spreads continue to be razor-thin.
DT: Would you like to expand on your reasoning? What time frame do you see for future changes? And what do you mean when you say catastrophe - Lehman catastrophe, or GM catastrophe?
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