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I need to learn to put a limit order in for Wells Fargo (WFC) - I was watching it yesterday to buy and it held up almost the entire day - then in the last 15,20,30 minutes it was pole axed 10% but was not around to see it. Today, of course it is right back up 9%. An upgrade today - remember folks, perception is reality. Wells is not immune from the credit crisis and has bad loans but is “perceived” to be a good player so money will flow to this name, no matter what the reality is. As long as big money is fleeing into the name, the realities on the ground mean little - it’s all about money flow….
Original Source: http://feeds.feedburner.com/FundMyMutualFund
30 September, 2008| Fundamental Analysis |
@ 7:54
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