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next boom
First it was the dot-coms. Then real estate. Then commodities (oil, gold). Any ideas about what is next? I am sure the movers and shakers in NYC are already moving their money there.
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Airline stocks.
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Originally Posted by cfii2007
(Post 449777)
Airline stocks.
Seriously, I was talking to a friend that works for Morgan Stanley and he says health care and financials will be the next to surge up. Everyone has an opinion, but who knows what will happen. |
The current boom has been short selling financial institutions with lots of bad debt on their books. Next year it may well be buying the survivors for dimes on the dollar.:)
The FDIC has a list of 90 banks on the brink of failure, but they won't share the list because it might alarm the public. |
Originally Posted by jungle
(Post 449802)
The current boom has been short selling financial institutions with lots of bad debt on their books. Next year it may well be buying the survivors for dimes on the dollar.:)
The FDIC has a list of 90 banks on the brink of failure, but they won't share the list because it might alarm the public. I think that is what my buddy is thinking as well. He said in early 2009 there will be some great deals in the financial markets. |
I kick myself for not buying CAL when it was below $9
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Originally Posted by cfii2007
(Post 449777)
Airline stocks.
More specifically, Mesa stock. |
I think the list of FDIC insured financial institutions "in trouble" is up to 117 this week. FWIW
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