Bank shares

[MarillionFan]

Barclays was involved in trying to buy Lehmans and has just put a large amount of surplas into a pot(I think $7 Billion each between 10 banks I read)

HBOS though is a gamble.

[Cyberman]

Piled in yesterday £7500 on Barc at 287 and £7500 on HBOS at 182

Didnt sell yesterday so will have to hold on for the ride

More money than sense, obviously.

[StuntManMike]

you've got to have a job to even have some cash to gamble with!!!

I'd selling most stuff straight away, re-buy at the bottom end. Never try to catch a falling sword, so wait until the shares bottom out, and rebuy.

You'd be kicking yourself if you were still in Lehmans this week.

[MarillionFan]

Stop loss got triggered on HBOS!

[Cyberman]

These could go well below a quid a share. I have been there before so I am not being sucked into this one. I read of one guy complaining about Lloyds TSB sharedealing not allowing him to trade yesterday and he wanted to buy at 1.80 !! Just as well, because he can now buy at 1.50. Down Down DOWN!!!

[DimPrawn]

Cash is king. A punt on bank shares is no more sensible than a roll of a dice at the moment.

I'm sitting on my pile waiting for the big cleanup, and that is months/years away.

[DS23]

Piled in yesterday £7500 on Barc at 287 and £7500 on HBOS at 182

Didnt sell yesterday so will have to hold on for the ride

what a bizarre thing to do.

[dude69]

you've got to have a job to even have some cash to gamble with!!!

I'd selling most stuff straight away, re-buy at the bottom end. Never try to catch a falling sword, so wait until the shares bottom out, and rebuy.

Banks appeared to have bottomed, and recovered significantly from their lows, but they are back down there again.