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Thursday, May 13, 2010 3:44:07 PM
WAMUQ is now a buy and hold or just a hold and that is what I am doing.
I don't know your entry point and don't really concern myself with that.
I came here originally as a lotto play and that is what it is. though it feels like they have given me the first three numbers to it already.
Trust the DD on this board but realize we are dealing with multiple giants. JPM has been around since the dawn of this country. read a book or 2 based in early american history with any reference to NY city or the financial industry and you will see Morgans name among others as rockefellar and roosevelt.
In fact roosevelt and the above referenced Morgan were on a first name basis.
Noone is going to hand you the money. if you came to trade you are too late. but if you bet what ou could afford to lose it is very likely that you can net quite a bit of profit from this one if you are patient and the last 2 numbers drawn are ours.
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