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WFC - Wells Fargo & Company - Page 9

post #161 of 298
Thread Starter 
WFC made back the big EOD dump from yesterday, somebody is getting smacked with their shorts.
post #162 of 298
I like the massive volume with this rally back... got some nov 30 calls purchased yesterday and i'm close to b/e. I don't think there'll be a huge gap down tomorow, we still have momentum.
post #163 of 298
I would imagine a lot of people got smacked with their shorts today.

As far as I am concerned, this is still buy on the dips.

Performance chasing in the 4th quarter will dominate, IMO.

Quote:
Originally Posted by StockJock-e View Post
WFC made back the big EOD dump from yesterday, somebody is getting smacked with their shorts.
post #164 of 298
It got out of such a huge and long triangle,.. i wouldn't figure why we can't reach 35 within the next few weeks...

As long as there's no horrible market failure
post #165 of 298
Quote:
Originally Posted by nico2379 View Post
It got out of such a huge and long triangle,.. i wouldn't figure why we can't reach 35 within the next few weeks...

As long as there's no horrible market failure
Maybe in next few weeks... but I see it red tomorrow atleast for most of the day...
post #166 of 298
Quote:
Originally Posted by Mr. Winky View Post
Performance chasing in the 4th quarter will dominate, IMO.
Hard to say - analysts may have higher (more realistic) expectations by Q4...
post #167 of 298
Quote:
Originally Posted by analyzethis View Post
Maybe in next few weeks... but I see it red tomorrow atleast for most of the day...
....Based on?
post #168 of 298
Got back in on Friday close @ $27.12, could be nice uptrend back to $31+ imo
post #169 of 298
Be careful on WFC- biggest US small business bank- this is not a good thing at this point, IMO . Most of what i am reading is very negative - particularly in California.
Friday another 5 banks bit the dust bringing the years total to 120.
SAN FRANCISCO (MarketWatch) -- Five more banks, including a California-based institution that reportedly received federal bailout funds in 2008, were closed Friday by regulators, bringing the 2009 total to 120 failed banks.
post #170 of 298
I agree, watching this like a hawk, looking for a flip right now, nothing else

Quote:
Originally Posted by mouserman View Post
Be careful on WFC- biggest US small business bank- this is not a good thing at this point, IMO . Most of what i am reading is very negative - particularly in California.
Friday another 5 banks bit the dust bringing the years total to 120.
SAN FRANCISCO (MarketWatch) -- Five more banks, including a California-based institution that reportedly received federal bailout funds in 2008, were closed Friday by regulators, bringing the 2009 total to 120 failed banks.
post #171 of 298
Out yesterday @ 28.80, in the other day @ 27.12,
will wait for reentry

Quote:
Originally Posted by mouserman View Post
Be careful on WFC- biggest US small business bank- this is not a good thing at this point, IMO . Most of what i am reading is very negative - particularly in California.
Friday another 5 banks bit the dust bringing the years total to 120.
SAN FRANCISCO (MarketWatch) -- Five more banks, including a California-based institution that reportedly received federal bailout funds in 2008, were closed Friday by regulators, bringing the 2009 total to 120 failed banks.
post #172 of 298
Back in @ $27.68

Quote:
Originally Posted by PENYSTOKMILIONAIR View Post
Out yesterday @ 28.80, in the other day @ 27.12,
will wait for reentry
post #173 of 298
Currently @.$28.55, not bad for a couple of trading hours

Quote:
Originally Posted by PENYSTOKMILIONAIR View Post
Back in @ $27.68
post #174 of 298
Up again, @ 28.84

Waiting for a good exit

Quote:
Originally Posted by PENYSTOKMILIONAIR View Post
Currently @.$28.55, not bad for a couple of trading hours
post #175 of 298
Could be a down day for financials
post #176 of 298
Hoping to exit today, thought my sell went thru earlier, but it was for regular hours trading, its still a profit at these levels
post #177 of 298
Hopefully it continues its downtrend today, I got out at 28.61
post #178 of 298
Back in this morning @ $28.09 in PMT
post #179 of 298
Curently @ $28.20, HOD of $28.28
post #180 of 298
Averaged down @ $27.98
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