Ya well, I haven't mentioned the 3% down days. Seems like I get 1 or 2 big down days each week, but overall my stuff always manages to recover by friday, well except LOW. It has struggled since the split. I'm hanging on to it for now. The chart says to buy, the history says it should take off in Sept. Tremendous volume today. 8.6M shares. I'm heavy in energy right now, about 62%. Except for LOW, I've stayed out of anything retail. Lot of pain there right now. A while back I was looking at WFC. I was cash poor and missed it's move. If I'd bought in, I'd be up $8 right now. I'll take another look after it splits. I've found that I can't handle more then 5 items at a time. Anything more and I lose my focus. I've had good luck in picking stocks that will move up in a down market. You wouldn't believe how many hours I spend in research. Once we get into fall, I'll start looking for stuff to buy and hold for a year or more.
Investors....come in please!
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I doubled down on GE. I now own 1800 shares at about $32.70/share.
I saw little downside. Maybe I was blind.
I saw little downside. Maybe I was blind.
Today starts out down, methinks. I should watch GE, I guess. I'm just not grabbing any individual stocks right now. TMA looks good again.
G M, you should be good. GE bottomed on July 14th. and has been trenting up since. Upside pontential is maybe 35-37. Historically, GE peaks in May/June and Dec./Jan. Trading range for GE is fairly narrow so you have to pay attention. I've looked at GE for a long term hold, but there are better companies for that.
I think someone elso bought into GE a little while ago. TLR??
I think someone elso bought into GE a little while ago. TLR??
Hey P. Market kicking my butt today. Already down 1%. I'll be back up tomorrow. It's only money. For you millionaires like P, I'm just a little guy. My total Portfolio is just under 10K. This summer is my going-to-school time. When I feel I can survive in the big pond, I'll roll my 401K in.
TMA is looking good. Approaching 52 week low. Still dropping but when it turns it should be a buy.
TMA went ex divi yesterday (tues?) Today went OK in the end.
Is there still some genius out there who thinks S&P 500 based funds are the way to go? I mean I'd rather take a full/total market fund....but the S&P 500 is a dog in and of itself - why would I select a fund that (via expenses) is guaranteed to under perform a dog index?
Is there still some genius out there who thinks S&P 500 based funds are the way to go? I mean I'd rather take a full/total market fund....but the S&P 500 is a dog in and of itself - why would I select a fund that (via expenses) is guaranteed to under perform a dog index?
I've not seen anything to get excited about with any of the index funds. It seems to me, they always end up with a little less then the index itself. I think that anyone who does their homework can beat any index.
Yep, I've traded GE twice since spring, and made pocket money each time. I currently hold GE, and it looks like it's poised to breakout within the next few weeks. (Yes, I did say the same thing back in the spring.
From what I've read, the equipment machinery cycle should last 18-24 more months. In looking at ROK, the stock appears to be washed out and maybe set to go up. I think I'll jump in tomorrow. Cover me.
"I still think it's a buy under 33, and might go to the high 30's."
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Your keyboard to G0D's computer monitor.
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Your keyboard to G0D's computer monitor.
Yes GM, we need all the help we can get.....
Sell!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
But the fact is that for a given type of index fund the vast majority of people who do their homework and invest in the types of companies that that type of index fund invests in, fail to do better than the average index fund of that type. The percentage of people who can beat the market year after year for an appreciable number of years is pretty small. That's one of the things that make the index funds that are well run, low cost, and have an attractive income gain over the past 5-10 years popular.
Place your bets.
The goal is to design a portfolio that goes up regardless of what USA stocks are doing, or rather goes up faster than the USA stock market. I certainly do own some 5000+ whole market index funds (0.10% expense ratio) - however I have not given up on beating the market every year. I easily beat it in negative years and match it very closely or exceed it on bull run years. My time period with concentration on performance is 1996-2006.
My real asinine moves have nothing to do with investment selection or market timing. I had a diseased brain that told me 6% contributions would be enough. Yes I got 50% match, but still not enough.....
My real asinine moves have nothing to do with investment selection or market timing. I had a diseased brain that told me 6% contributions would be enough. Yes I got 50% match, but still not enough.....
Market kicked my butt last week and today is no help. Gonna take a while to recover, but, thank goodness it's only money...
ya I went negative on TMA, so it's a good buy point. I'm not changing my position right now but if I had some excess cash I would be buying at these levels.
Today I got a SEC trading violation letter from NFS.
I actually was up last week, so far today - well it could be worse. I made a few moves that helped last week, but didn't load up on oils. How are they doing today?
Pablo, what did you know that you didn't tell us?
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