**** - two more and I'm on hold for trading.
Investors....come in please!
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Here's another:
ASEI makes equipment to examine shipping containers for explosives, contraband, etc. Down from 90 to 56 this year, still being hammered today, earnings come out at 11:00 am tomorrow.
Looks like it would be a good play for today's geopolitical environment.....
ASEI makes equipment to examine shipping containers for explosives, contraband, etc. Down from 90 to 56 this year, still being hammered today, earnings come out at 11:00 am tomorrow.
Looks like it would be a good play for today's geopolitical environment.....
Pablo, plead guilty and show contriteness, maybe you'll get sent to a minimum security prison and be able to smuggle in a laptop. Then you can still trade.....
Well no jail problems, yet - I get two more strikes. Let me start by saying I have no trades in the red this year. Zero. Then I will tell you guys the painful truth - almost all my trading is in my self-directed IRA. This is a no-no by some standards I guess.
Now I will tell you what I "did". I guess I strung too many trades together - in a retirement account you aren't allowed to trade on margin. So after a particularly fast week of trading I guess on paper my cash was lower than I could buy with. The system DID allow me to buy - but the 3 day clearing had not caught up. I had no idea I was even close. I closed my positions, and just bought other stuff, racking a profit and paying my fee.
The strange thing is I couldn't find the SEC "law" that I allegedly broken, doing a Google (stupid google or just no new data out there). Are you guys aware of this law? Link? I called Fidelity last night and the guy was pretty stern about my violation and the consequences, but was a bit elusive when I asked him if it was the frequency of my trading and if I would have been OK if I had cash released to cover. Finally he said that it was my bastart margining that got me in trouble.
Anyhow - today sucked but PPR went ex-dividend.
Now I will tell you what I "did". I guess I strung too many trades together - in a retirement account you aren't allowed to trade on margin. So after a particularly fast week of trading I guess on paper my cash was lower than I could buy with. The system DID allow me to buy - but the 3 day clearing had not caught up. I had no idea I was even close. I closed my positions, and just bought other stuff, racking a profit and paying my fee.
The strange thing is I couldn't find the SEC "law" that I allegedly broken, doing a Google (stupid google or just no new data out there). Are you guys aware of this law? Link? I called Fidelity last night and the guy was pretty stern about my violation and the consequences, but was a bit elusive when I asked him if it was the frequency of my trading and if I would have been OK if I had cash released to cover. Finally he said that it was my bastart margining that got me in trouble.
Anyhow - today sucked but PPR went ex-dividend.
Confusing day on Tuesday. It makes one think something's going on
Makes one wonder. I'm down since last Wed. I'm starting to see serious paper losses. If we have a cold winter, I'll make a fortune.quote:
Originally posted by GROUCHO MARX:
Confusing day on Tuesday. It makes one think something's going on
Great energy link MG!!! Thanks!
That seemed really painful and was hideously ugly (kinda like Groucho's trout) - but when I looked up, my portfolio was OK. What happened?
What's up with GY?
What's up with GY?
I lost another 1% today. Not pretty.
Guys, I don't like what I'm seeing both from a technical and fundamental perspective. I think we're face to face with a big grizzly bear. The averages topped out in May and show no signs of getting back to the old highs. Corporate profits in the S&P500 are projected to decline next year (according to a study cited on Bloomberg a few days ago).
The Fed has stopped raising rates, which is an admission of a slowing economy.
Throw in higher oil prices, geopolitical turmoil, uncertain election results, slower defense spending over the next 5 years (cited in L3's Quarterly Report), and I'm starting to get scared.
Maybe time to take some profits......
The Fed has stopped raising rates, which is an admission of a slowing economy.
Throw in higher oil prices, geopolitical turmoil, uncertain election results, slower defense spending over the next 5 years (cited in L3's Quarterly Report), and I'm starting to get scared.
Maybe time to take some profits......
I am positioned. Lost 1% yesterday?? Wow. I was down 0.2%.
I still think there is money to be made in Nat Gas and others
I still think there is money to be made in Nat Gas and others
Sigh, I hope this over. I lost over 10% since a week ago Wed. Finally looks like it might turn around. Finished up a little over 1% today.
Wow - up today? I think I was down a tad, but I added positions. Stuff is becoming quite cheap, I mean really cheap.....
Dollar strengthened again, Gold down.
I went and got some more natural gas stocks/trusts. If we have even a slightly cold winter, I should cash in.
TMA is insanely cheap. I'm buying on Monday!!
Dollar strengthened again, Gold down.
I went and got some more natural gas stocks/trusts. If we have even a slightly cold winter, I should cash in.
TMA is insanely cheap. I'm buying on Monday!!
I put a buy in @ $23 max for TMA.
I feel (?) pretty good at turning my overall portfolio into an upward sloping undulating chart for the last 3 months or so. Looks like rolling hills. I mean I'd rather have the 45° climb of the first qtr with all the spikes, but what are ya gonna do?
I feel (?) pretty good at turning my overall portfolio into an upward sloping undulating chart for the last 3 months or so. Looks like rolling hills. I mean I'd rather have the 45° climb of the first qtr with all the spikes, but what are ya gonna do?
You think TMA is that good huh?
I thought it was OK when I traded it in the upper $20's. I think potential stock buyers are frightened by anything with "mortgage" in the name. The fundamental business remains sound and strong. The yield at current prices is killer - so even to buy and hold, I like it. (Now that I put the kiss of death on it, wait and buy at $12!!
)
You can analyze the charts and the chat at Yahoo as well for a more bearish look.
Does this guy know what he is talking about?
Question: Does it look like wholesale inventories are climbing?
Question: Does it look like wholesale inventories are climbing?
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