Comments on Fund My Mutual Fund: Bookkeeping: Starting PNC Financial Services (PNC)...

Scratching my head the past few weeks on BLK. The...

2008-10-02T17:33:00.000-04:00

Scratching my head the past few weeks on BLK. They should be participating in this financial rally but not so much. The chart scares me so no, not at this level I won't add. It has support down at $160 and its at $172
if that $160 breaks it could go quite a bit - I wonder if they have some kind of exposure to something - the stock is just not acting good. I'd rather but it over $200 when it shows strength. Especially in this market.

Mark, are you considering BlackRock at its current...

2008-10-02T16:26:00.000-04:00

Mark, are you considering BlackRock at its current levels, I remember that you were saying their risk was squashed when BOA bought Merril.

I'd probably be more interested in GS than GE if y...

2008-10-02T16:21:00.000-04:00

I'd probably be more interested in GS than GE if you are looking to follow Buffet

on the industrial side of their business people can hand wring about the global slowdown, and on the financial side obviously the risks are clear

Goldman on the other hand is now backed by the US government.

You could sneak in a trade on GE perhaps from $22 to $25, but then the chart says its a short.

T MarkWhat are your thoughts on GE. We have seen t...

2008-10-02T16:15:00.000-04:00

T Mark
What are your thoughts on GE. We have seen the price dip under $22.50 where Warren Buffet was able to buy.
Even though Buffet was able to buy preferred stock that pays a dividend, for long term investment is GE not a good buy in this area? Buffet seems to be able to pick good management.
KB