reply to post by justregistered
Dow futures looked good. After hours trading on friday showed me that certain companies were do for an up or down come monday.
Crunched numbers and found what would be a good buy or sell. Preferably I would sell what I said to buy today as soon as you are legally allowed to as
they both broke the marker I had set.
MS(Morgan Stanley)last close- 9.68_My mark to sell-$16/last trade- 18.19
GS(Goldman Sachs) last close-88.8_ My mark to sell- $105/last trade- 111.85
JPM(JPmorgan) last close- 41.64_ My mark to sell-N/A(called for a slight drop)/ last trade- 40.53
BAC(Bank of America) last close- 20.87_My mark to sell-$25/last trade- 22.47
WFC(Wells Fargo Corp) last close-28.31_ My Mark to sell- N/A(assumed little to no change)/last trade- 28.82
TGT(Target CP) last close- 37.00_My Mark to sell-N/A(don't buy, it will drop during the 4th quater and possibly the 1st of 09 too)/last trade-
I think I hit relatively well for one day predictions. This huge rush in the market will fail within the next day or two.
If you cannot sell till a minimum amount of time has passed, this is my recommendation if you bought on my advice today.
MS- sell it unless it falls under 11 dollars(unlikely) Definately sell if over 14.
GS- Definately sell if it is over 100, sell anyway if it is between 90-100. If it is under 90 by the time you get to sell (very unlikely) hold this
stock, It will have another day of rises, that is for sure.
BAC- Hold onto it unless you need to take some stock out to invest elsewhere
JPM- If you already have stock, just hold onto it. No reason to sell because they experienced a small drop today. If they drop down under 37, they are
a good buy
WFC- I would hold off as there is nothing to indicate there is any reason to buy these stocks
TGT- Hold off for a bit longer, see how much they drop. If you decided to buy, sell it. It will experience losses down the road.