posted on May, 20 2009 @ 09:56 PM
Being in financials, here is what i see;
the whole derivatives thing blew the lid off all the fakeness. if you guys havent noticed, huge stocks are down to pennies. Huge opportunities are
here for companies that actually produce things!
BoA, like it or not, most likely is going 2 be a powerhouse. They are in on 1/2 of all the mortgages and all sorts of other things around the world.
They WILL emerge victorious, and Im gonna ride their profits up!
Yes, things will get conservative again. Don't let banks do your investing. Stick with your small places, trading in large cap, techs, etc.
That's where the money is. thats where the growth will be. people like stuff, and will pay for cool stuff.
If everyone, especially brokers, (which is where the change needs to happen, all these A class, b class bull# needs to stop) quits chasing excessive
profit and puts in WORK, we will be fine. find new energy sources, thatll clean air. produce bioplastics, so we can make cool things. people will
want new stuff once old stuff wears out.
cars....buy cars that are hybrids, air powered cars (yes they exist), things of that nature. Chevy isn't producing cars for profit, their entire biz
model is flawed. They will never make it out. Ford most likely will. I like BKD, even though they are Chinese (sorry, american and Chinese hate
pepsi just invested in bioplastics, huge amount. check them out.
The time is for brilliant minds to get poeple working on quality of life. Just stay healthy and you will need to consume, maybe not as much, but we
will all live. So taco bell goes down a few shares, Baja Fresh might go up! and your Investment advisers (not brokers) will help you in those picks.
[edit on 20-5-2009 by vonholland]