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Registered
Join Date: Sep 2008
Location: Rio Rancho, New Mexico
Posts: 200
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I just made a killing 6 weeks ago buying Bank of America and Citi Group.
B of A @ $7 and C @ $3. This was just before earnings report time.
Wells Fargo reported good earnings first.
BAC & C both moved up 40% in a couple days in anticipation of good earnings reports.
With a 20K profit I sold. Owned the stocks for 2 weeks.
There are some once in a lifetime opportunities today in the market.
Oil stocks look ready to fly with the barrel cost at $70 and still moving up.
Some of the beat down solid companies, like Caterpiller and 3M will double and triple in the next year.
You can beotch next year or buy today. The market is ripe.
The banks will be much higher this time next year, even with a credit card crisis on the horizon.
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Doug
Was 2.7racer.
'76, 2.7 w/Webers, JE pistons, Solex cams. Elephant bushings front & rear, 23mm & 28mm torsion bars, big brakes front & rear, Pertronix. Track car.
'85 3.2 stock, Orient red, comfy street car.
Last edited by 2.70Racer; 06-09-2009 at 10:32 PM..
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