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Re: xZx post# 7353

Saturday, 12/12/2009 3:43:21 PM

Saturday, December 12, 2009 3:43:21 PM

Post# of 10366
The M's have the volume and will run, but I'll probably sell most of that position. Hence why I'd like it to fall further so I can buy more. The M's are the trading shares and the J's I will only take off enough to run with "free shares" just in case.
I don't know what will happen, but I just see LEH as the Pheonix rising from the ashes and WM as David vs JPM's Goliath. I was in both when they we're taken out and I felt both times it just wasn't possible...Something is amiss and hopefully the justice system will work. I didn't buy Wachovia at a buck and watched WFC take it from C so I'll be interested to see how the fDIC deals with all of the mess. I didn't trust that adminstration (Bush) but we'll see if the BIG O admin adheres to justice. I could see them stepping in "for the good of the economy" and making it all go away so that Jamie "too big to fail" can move into a power position...
Alright, I'm angry again...If the market was open I'd buy more WAMUQ. (LOL)

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