Replies to post #83642 on TECHNICAL ANALYSIS

[creppie]

AIG's been my baby this year but I can't get a read on it right now. Thoughts on the daily?

[I Like Bottom Fishing]

Good morning 4G could it be time to look for a short on the Banks ? humm

Wednesday, May 6, 2009 9:32 PM

From:
"Shazamstocks.com" <[e-mail]>

Looks like we were a tad early on our BAC short and FAZ buy. We live in a community here in Florida that has a ton of foreclosures. Many have been under foreclosure for over 2 years and the banks have not taken over and owners are living there for free. The banks want to just act like there are no problems. Ever since the new accounting standards , we don't hear a word about the toxic assets they have. What happened to the program where private investors were going to buy those toxic assets? We congratulate every person that has made $$ in this run, but we feel the party will be short lived.

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