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What Have You Learnt From Global Stocks Slide ?
Tusker Baridi
#31 Posted : Friday, May 08, 2009 8:55:00 PM
Rank: Member

Joined: 12/9/2006
Posts: 186
Thanx Mainat,yes BAC has been good to me,but I had to take all the money off the table because I have a feeling we might experience a healthy pullback within the next two weeks.

I still maintain my daytrading account(25% of my portfolio) for some quick derivatives tradings otherwise I'm all cash for now. I have an eye on some oil and gas stocks,just waiting for a pullback on crude oil before jumping back for hopefully another quick 5 bagger.

Barclays has to be the best bank in the world right now,and if you imagine BAC almost made a bid for it a few years ago. Now barclays could buy Bank of America easy.
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