I need to change the title of this thread because it is decieving. Morgan Stanley's
quarter was great, profit up 70% $2,559 million (marketwatch). The subprime mess is not
going to hurt the brokers in my opinion, GS at $200, MER around 83, these stocks are on
the cheap.

Last edited on: 03-21-2007 07:50 am

whats your rec with MER, this stock seems more volatile because it already reported great
earnings but they have not been transparent about the risk assoicated with the sub-prime
mortgages. From what I have read Bear Sterns and Credit Suisse have the highest exposure
to mortgage-backed securitization.

Last edited on: 03-13-2007 09:57 pm

We'll see in a few weeks how low it will go.

waiting for gs to go 180 - 185 - hah, keep waiting. Its not going below 190. 195 would be
a good place to enter a position and reduce cost basis from there to build the position.
calls and puts are too expensive, but covered write wouldnt be a bad idea. specially the
march calls. alternatively, you can do a vertical bull spread on the march puts.

GS took a smaller hit then the other brokers because of the strong report but I still
think it'll trade down to its 200 MA several times like it did in the summer sell-off.
Look to pick-up some more in the low 180s. Looks like it could develop some support around
there. If it doesn't get that low, at least I can use the money to start up a new
position.

"College student, no class today, thanks for your assumptions they are well appreciated"


hahahhahahahahahahha. That was pretty darn funny, youngmoney....

Goldman Sachs with stellar earnings yet they still cannot revive this industy. Meryll
Lynch down 4.49% today. Subprime worries are overdone, its time to invest in the brokers.

Last edited on: 03-13-2007 06:51 pm

buying stocks when they are trending lower is not good way to cost average in and out of a
stock unless it's a long position you want to hold for 24 months plus anyone trying to bet
on SIRI at this level is trying to give money away too much debt and now trying to suck us
all in on this merger play and then get us again

the lenders are going to be the losers in this market....the bait and switch loans that
they have been underwriting is certainly part of the problem and of course when money is
involved we all know a few crooks are going to try to sneak out a few bags of cash...buy
with a vision for where you are going....hey did I mention www.celsius.com if anyone is
seriously wanting to take a position on a speculative stock with a growing product and the
growing trend in the beverage business

Buy low sell high. Thats all I wish.

Last edited on: 03-05-2007 05:04 pm