Re: Investment Decisions

All right, in that case it seems that every one is fine with LuLu. Eddie can you go ahead put a limit order?

We can further discuss GE and financials.

Arash

 

On Nov 15, 2007 1:29 PM, Desmond Lam <des.lam@rogers.com> wrote:

Hello All,

 

I just want to be on record as to believing that that the US financials have a ways to go yet before hitting bottom.  My vote is for LLL and GE notwithstanding its exposure to finance.  In fact I have no qualms about holding off on GE until the credit picture is a little clearer or a little bleaker.  In general I like the contrarian play of buying financials at their weakest point but I guess we differ on when the right time is.  If the vote comes down to buying US financials at this time, my vote is no but I will respect the majority.  Are we still looking at IYF or RKH?

 

If we all agree on LLL, can we make the first purchase of 100 shares at around the 50 day moving average of $40.50.  The price has been fairly volatile of late so I think it won't be a problem to put an order in at that level and waiting for it to be filled.  Any other ideas about filling the order?

 

Des