BUY BUY BUY!!!??
As the market is getting completely clobbered today (and all last week) this feels exactly like fall 2008 to me. I made a killing then, and am looking at new buying opportunities. Are people buying right now? I am looking at FAS currently and interested in hearing about technical trading strategies someone may have for this? Also, what are peoples thoughts on BAC? The mortgage mess and pending lawsuits make this impossible to value because no one knows how deep the liabilities may go, but still the stock is so depressed I think it may be worth it.
Outside of financials, there has to be a lot of good companies that are being pulled down by the mayhem in the market. What stocks is anyone recommending and why?