debt, and waayyy more equipment is available than is the demand. even the secondary market of used equipment is bad right now and will continue to be for a few years IMO.
personally, im going to wait a bit more then try to jump on YUM and PEP at a lower price.
but what do i know, i bought downey savings at 2.04 a share thinking they were going to survive based on cash transactions and lost 90% of it in 2 months^<<^
Im a daytrader and not an investor BUT if I were to invest here I would take a look at a few stocks..
GE. Been bloodied but I dont think they will go under. Govt wont let that happen.
DRYS. shipper. was a 100+ stock been bloodied as well. Slim chance of them going under. down to 3.50 and change, downside risk is very very low. upside is incredible. 5k shares worth most you can lose is 15k, upside is hundreds of thousands, if not millions if it returns to levels down the road.
ABK & MBI. insurance stocks been battered mainly because of AIG news and they have had some problems of their own. Again, downside risk is small. Upside to buying all these stocks I mentioned and holding for 5-10 years is multi-millions and your literally risking 15-20k.
Anyways, just my opinion....
GE. Been bloodied but I dont think they will go under. Govt wont let that happen.
DRYS. shipper. was a 100+ stock been bloodied as well. Slim chance of them going under. down to 3.50 and change, downside risk is very very low. upside is incredible. 5k shares worth most you can lose is 15k, upside is hundreds of thousands, if not millions if it returns to levels down the road.
ABK & MBI. insurance stocks been battered mainly because of AIG news and they have had some problems of their own. Again, downside risk is small. Upside to buying all these stocks I mentioned and holding for 5-10 years is multi-millions and your literally risking 15-20k.
Anyways, just my opinion....
