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Thread: Daily Market Watch - Week of 2/16/09

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  1. #1
    Newman is offline
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    Daily Market Watch - Week of 2/16/09

    US Bailout passes.
    Irish Bailout passes.
    Sirius Refinancing (probably...)

    What is this week going to have in store for us?

    It should be fun watching (and talking about it!)

    Current Holdings: SIRI, F, AIB and still looking...

  2. #2
    billhart22 is offline
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    Quote Originally Posted by Newman View Post
    US Bailout passes.
    Irish Bailout passes.
    Sirius Refinancing (probably...)

    What is this week going to have in store for us?

    It should be fun watching (and talking about it!)

    Current Holdings: SIRI, F, AIB and still looking...
    For the U.S....I am skeptical...especially with financials. Geithner sure blew it. It will be a 50/50 in my estimation.

    Irish....should be bullish for foreign investors such as ourselves, or we have a GREAT opportunity to buy really really low.

    The news I have seen confuses me...it is horrible for Ireland, but good for the crooked bankers....what do you think, Newman?

  3. #3
    Newman is offline
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    The main thing that worries me about AIB as I have done a bit more research is that they seem to be mirroring the US banks, but about 2 months behind. If this is the case, we could be hurting with our current investments in it. The good thing is that Ireland seems to be moving MUCH faster than the US government did... so perhaps it will save us. I am just not sure at this point, and wishing I had gotten out when it hit 3.50 last week.

    F is a great long term investment as is SIRI if the BK talk is killed.

  4. #4
    billhart22 is offline
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    Quote Originally Posted by Newman View Post
    The main thing that worries me about AIB as I have done a bit more research is that they seem to be mirroring the US banks, but about 2 months behind. If this is the case, we could be hurting with our current investments in it. The good thing is that Ireland seems to be moving MUCH faster than the US government did... so perhaps it will save us. I am just not sure at this point, and wishing I had gotten out when it hit 3.50 last week.

    F is a great long term investment as is SIRI if the BK talk is killed.
    http://www.taipanpublishinggroup.com...7805&l=1601086

    This guy is sharp!

    This is my long pick. JASO

    I think AIB can be temporarily put on hold to see what happens...have to watch it though..it is unpredictable. If it mirrors U.S. stocks and has a lag it could go down, down, down, which is a good thing for us.

    The BK talk with SIRI is complete B.S.. Mel isn't walking without a chance to get his money back....It is drama, and besides he could get clobbered by creditors and lawsuits, etc.. He may lose some pride, but not his money. That is my opinion, but I don't want to state it in the intraday and stock talk.

    F is a good investment....and it is cheap right now...I wonder if it will go lower.

    SBLK is dyanmite. Star Bulk Shipping. That has to be watched.

    Honestly, if SIRI makes a hard drive up, I will sell then buy on the rebound.

    Ray has a tremendous one - RVSC?? It cannot lose. What is the symbol, Ray? I have been into the Maker's.

    That little hummer, JASO, might be what I go with Tuesday. I will not buy more SIRI with my own money at this point. I will play with the house's and keep my investment once it passes .16 and will sell as high as I can before a pullback.

    Any thoughts? Give em to me good or bad.

  5. #5
    ray is offline
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    sorry bill I went to bed early
    prsc... is the one

  6. #6
    Whynot is offline
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    Joined: Sep 2008 Location: The Mid-Atlantic Posts: 113
    I've had some VERY good returns this year on: DFT, YGE and BCS. I will continue to add to those as well.......SIRI will blow the doors off the wall tomorrow!!!!! 40k SIRI shares at .32 avg, so it could be a nice week.

    LONG LOVE SIRI!!

    Cheers,
    Whynot

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