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June 2, 2007


Regional Banks Stink: I’m a Buyer

The Regional Banks have gone nowhere, relatively speaking, since the bottom of the bear market back in 2002, and in 2007 their performance has been terrible. But I’m tired of Waiting for the XHB to Come to Papa, and plan to buy a nice cheap regional bank for my IRA instead. I’ve written about this stock several times before, but have just put my order in now. You gotta buy ‘em when they ain’t.

RKH

This entry was posted on Saturday, June 2nd, 2007 at 11:25 pm (utc+8) and is filed under Trading and Investing.

3 Responses to “Regional Banks Stink: I’m a Buyer”

  1. Brian said:
    June 3rd, 2007 at 5:19 am

    Good luck. I would put my money elsewhere.

  2. BL said:
    June 3rd, 2007 at 9:38 am

    CM just noticed that you’re using 15 min charts on the stock du jour’s. No more 30 min ones? Why the change? Thanks

  3. C. Maoxian said:
    June 3rd, 2007 at 2:50 pm

    BL: If you have the time to watch the 15-min. charts then they’re fine to execute off of as well.

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