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Old 10-26-2007, 10:36 AM
ahnuld ahnuld is offline
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Join Date: May 2005
Posts: 10,945
Default Re: October [censored] thread

Not sure if the financials are oversold or not. I bought my positions mid august for what I thought was a good price. If I learned anything though its when you are buying for value and some bad news hits a whole group that gets really sold off, dont buy the company that gets hit the hardest for apparently no really big reason (MER,C) buy the company that has the reputation for excellence that got hit as well (GS). In bad times the cream separates itself more clearly from the crap.