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Author Topic: Washington Mutual Inc  (Read 3810 times)

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June 27, 2008, 04:32:43 PM
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Mr. Halsey


dropped below $5 today... anyone see any upside to this?
I zigged when I should have zagged.

July 01, 2008, 08:57:46 AM
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Dr PennyStock

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Dr PennyStock

July 01, 2008, 09:41:54 AM
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HappyAlien


I own shares of WM which i held long term at avg of 9.99. Now I'm waiting for a bottom to buy more. Its very oversold, and we had a green doji yesterday, even though the -DI is way above the +DI. Doc, do you think we may be close to a bottom, or if the +DI starts to swing up would that confirm we hit bottom yesterday?
LETS GET PAID

July 01, 2008, 10:55:00 AM
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Dr PennyStock

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Was not a doji, it closed above the open, was a normal green candle, the stock is oversold, but, it has resistance at 5.81 (PAR SAR), only a breakout of this resistance will give a buy signal, but, the bottom must be somewhere near this level, IMO.
Dr PennyStock

July 02, 2008, 03:22:00 PM
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HappyAlien


LETS GET PAID

July 11, 2008, 11:49:09 AM
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Mr. Halsey


i think WaMu or Wachovia could be looking at a buyout in the near future.

But the jackpot im waiting for is BAC....hoping it dips really low for a good buy in point
I zigged when I should have zagged.

July 11, 2008, 03:31:15 PM
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Greg


i think WaMu or Wachovia could be looking at a buyout in the near future.

But the jackpot im waiting for is BAC....hoping it dips really low for a good buy in point

didn't the #2 man in the Treasury just step down to take over Wachovia...If so...this is one of the guys that saved wall street from that Bear-stearns issue...From what I read it's a top notch finance man..
I know not what I do.  So, I just do it....

July 11, 2008, 03:41:04 PM
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Mr. Halsey


yeah Steel was from the Tres.
I zigged when I should have zagged.