DJIA fell below 10,000 points briefly in the early trading day and ended with a small positive gain. Even though the DJ managed to close green, the market is still very bearish.
Citigroup (C) closed at 3.68, which is a pretty good entry price. My entry price was 3.82 and I'm holding it tight. I have full confidence in C that I will make some pretty nice gain within a year. Bear in mind, I'm not alone in this. Many fund managers are also buying into C in huge volume. If these billion-dollar investor are not worried, why should I ?
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