Thursday, October 18, 2007

Win Some, Lose Some

I recently wrote that BAC (Bank of America) would be a good buy. Errr uhm, oops. Down 3% today on bad earnings due in large part to mortgage issues. I am still bullish on it long term and holding on to what I got. I also said BAC would be the better choice of banks compared to Wamu or Wells Fargo. In the past month BAC is down 2%, the others down 4-6%, so realtively speaking BAC is doing OK.

Gold and Silver are both up nicely today yet again. They are definite BUY for me as I wrote here a few times. Past month both are up about 5%.

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