Investors....come in please!

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Was down a couple grand on FXC, FXE, FXA....About even now. Predictions not withstanding..I think U.S. spending and borrowing will push the dollar down in 2008. I am already in for 63K..I'm thinking of adding. Probably won't though.
 
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Originally Posted By: Al
Was down a couple grand on FXC, FXE, FXA....About even now. Predictions not withstanding..I think U.S. spending and borrowing will push the dollar down in 2008. I am already in for 63K..I'm thinking of adding. Probably won't though.


AUS $ set for a rally yesterday - but Bhutto's death may rally the US$ - maybe a good time to buy more....
 
FXA has been up (good thing), so I was off.....someone warned me about predicting these currency ETF's.

I sold a few 1000 shares of PFO this AM, shares I bought in the $9-9.26 range. Nice. And see I get the dividend as well.
 
One more trading day.

Here's how I sit: +12.464% for the 2007 year.

I consider myself brutalized and lucky. Probably learned something from my mistakes, I'll let you know what, when I figure it out.
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Originally Posted By: Oldmoparguy1
Is there a bottom to the market?


There is a floor. And there is plenty of money that "wants" to come back into the market. When these two points meet, give me a shout
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Just under 1%, in the red. Amazing... at on point I was up over 12%. OTOH: I've got nearly 1% in monthly dividends. If nothing else changes, I'll be even at the end of the month.
 
Up 17.5% in my IRA, where most of my stocks are, and down about 6% in my other, more speculative account... where I only keep maybe 1/4 of my stocks.

Mutual funds dont count... they all did quite well for me, somewhere around 17% because of good performance in my internationals, my china-specific fund, etc.

JMH
 
10-4.

I'm going to let the financials bottom out some more & step in after some up-ticks.

Will also do the same for a couple home builders...

Sure should be in Solar, eh???
 
Originally Posted By: Gary Allan
Stay 80% liquid and target slam dunks when they emerge from time to time.


In the long run, that's a sure fire recipe for losing. Unless you are a stock picking bad [censored] like Pablo and Lone Ranger, ie a regular dude like me who's in mutual funds, set and forget with quality funds. If you miss the one or two up 3% days a year, you'll fall short. Even better is dollar cost averaging over the long run (say 20 or 30 years).

I ended up around 23% for 07 thanks to Fidelity Energy Services. Already up around 1.5% for 08 since oil prices are skyrocketing.
 
I KNEW & should have shorted SBUX from the high!!!!!! Even mentioned it to several people.

To answer your question Pabs, it's perhaps a buy when the economy makes a turn & jitters (no pun intended!) go away.
 
-14.8% on the year. Overweighted on Thornburg Mortgage, and US Shipping Partners. Everything was good, but those 2 were down big time (-63% on TMA) so I don't feel too bad. I should be buying more TMA, but am saving cash right now, though I'm tempted.
 
Sorry to hear that Michael. Like I told you on the phone last fall, I was starting to hedge long/term positions.
 
MIKE - Ouch - It was only luck that kept me out of TMA for the big dive, and I made money on the attempted restarts. I never jumped on US Shipping Partners. Tricky business, but they look to be solid company. Making money on CVP now.

tpitch - I pulled the trigger on a few hundred shares of SBUX yesterday. Small potatoes, but I figure it's a good business model looking for some refreshing. We'll see where the bottom is now :)

Drew99GT - I agree, if you are in for the long run, sitting on cash is not appropriate. It's just too easy to at least "sector and vector" with mutual funds and ETF's. I however am starting to take a dim view of just parking the age/risk appropriate % of your long term funds in an "all market" fund and not watching it....criminy the S&P 500 was up only less than 4%....that would have been a dud. NASDAQ was up around 9% as I recall(?), so that may have been better.......anyways....those "slam dunks" are rarely that and rare at that.
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