Open Question

Hey Val, its Jimmy07. I have got a little more money to play with, should i buy
bac and add to my poition or wait until it goes lower... If it goes lower, what
price should i get in at? I am tired of leaving it and waiting until it hits
$26.00.. I dont think i will see $26 for a couple of years.....Val Help!!!!

Asked by jimmy07 1 month ago - 10 answers - 460 views
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thanks.. you are a doll....

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I will also pick up some URE at 3.05 or below.

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I'm looking to buy International ETFs - FEZ, VWO, GUR or AIA - on a bigger
pullback. Want exposure outside North America as I don't have any :)

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Thanks for the answer... I really appericate it... Is there any stocks that seem
appealing to you and which one would you buy?

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As for buying BAC, I'd buy it again it went to $8.

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Hey Jimmy07, no, I don't own BAC anymore. I only own the XLF ETF.

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val, do you own bac and would you buy more at this point? what bank do you ouw?

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Jimmy, there's some articles on Minyanville re: banks etc. that may help guide
your investing decisions. As for my own personal portfolio, I'm sticking with
financial ETFs for now.

http://www.minyanville.com/articles/bk-ms-citigroup-bac-wfc-spx/index/a/22634

http://www.minyanville.com/articles/bac-STOCKS-spx-SP500-Roubini-cap/index/a/226
60/p/1

As for AMR, airlines are impacted by the rising price of oil. I think you bought
AMR at around what it is now. I still say you have to trade the market but
that's just my opinion. I owned HA for a brief time as a trade and it worked out
OK.

Let me know what you think of the articles.
Val

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Val, I saw it at 15 but i didnt sell cuz cramer and everybody else were
screaming to buy banks... so i have been holding on.. NOW I KNOW I MADE A HUGE
MISTAKE!!!!! I cant believe i let it go.... As Far as amr i am still holding on
to it... stupid huh... I just keep thinking everyone is saying dow 10,000 and
market turn around and stupid me believed it and held everything.... what should
i do Val?

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Where have you been Jimmy07?
I was wondering about you the other day when BAC ran to 15.
Did you buy any after we talked?
That was a good time to make some money.
Did you keep AMR too?

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