Wall Street Manna

An irreverent look at Wall Street

Monday, March 9, 2009

Time to get busy buying!

Didn't anyone listen to Buffett this morning? The spreads in the banks will be enormous.
WFC at 9
USB at 9

How about industrial companies?
IP at 4
GE at 7
AA at 5

How about steel?
X at 17
NUE at 32
AKS at 6

How about oil?
COP at 36

How about a spec in coal?
PCX at 3

How about drilling?
NOV at 25

There is a lot of action in a lot of names, but everyone has their bearish blinders on.

Take them off, and you can see sunlight!


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