Posted:
#26
ING international income and dividends
December and January Stock Talk I
Posted:
#28
Happy New Year, Vermeer.
Looks like a hideous start to 2008 unless you're BIGTIME short. The ISM report couldn't have been much worse (and we ain't seen nothing yet), and if the Dec '07 FOMC minutes contain any word that can be construed as "hawkish" regarding inflation and interest rates, then it is "Katie bar the door (the trap-door)," cause the broad market will go right down the toilet after the release.
Needless to say, I wouldn't recommend anyone open anything long today. Not saying to just short everything that's up, but I damn sure wouldn't try to get long on anything today unless you got inside info.
Am going to let my SPY shorts ride (500x147ish) through the FOMC release.
Posted:
#30
I remain in SKF, and will stay that way for now. I also added to GLD before the end of the year.I remain bullish gold and oil, and will purchase OXY...also looking at a small play on TKC, as Turkey remains overlooked in my opinion.
I am also staying glued to Brazil and India. The US will go into recession (already there really) and may or may not be salvageable for this year.Other markets obviously much more attractive.
I am also staying glued to Brazil and India. The US will go into recession (already there really) and may or may not be salvageable for this year.Other markets obviously much more attractive.
Posted:
#35
Quote Originally Posted by claycourtlesson:
i get that urge like every other month,,,,sell all my shit ,,liquidate everything, dont pay any bills just pocket every dime i make for months and then bolt,,bahamas,costa rica,,,,,,then i sober up and go to work,,plus dont think the wife would be down with that idea
If I had more balls, I'd pack up my shit right now, sell what I couldn't put in a suitcase or leave it, get on a plane, and just.......
MOVE TO BRAZIL
Posted:
#41
WSC-
OK, then follow my lead.
I won't have to deal with the tax issues until April 2009, so I am closing out every long haul position I have RIGHT NOW.
GTLS (26ish).........SOLD
MSFT (34ish)..........SOLD
CRDC (9ish)...........SOLD
US Dollar (way out of the money, sucks ass, goddamn it)......CLOSED
Only thing I still have open now is SPY Shorts (500x147ish), and I'll close that one way in the money (I hope) before someone starts yapping about a bailout package.
Ain't going to wait around. The economy is horrible, the stock market is horrible, the world is a mess, etc...... And don't have to deal with the taxes for 15 months.
No brainer.
Posted:
#42
Maybe by the time oil is 200 and Bush is out of office, congress will FINALLY start to realize we need to either subsidize alternatives or find our own supply.
I find it VERY VERY interesting that the "blue" states really are doing nothing for alternative energy while states like California, Washington etc are..
I guess we want to be in disaster mode before we take action..
I find it VERY VERY interesting that the "blue" states really are doing nothing for alternative energy while states like California, Washington etc are..
I guess we want to be in disaster mode before we take action..
Posted:
#43
Best thing to do right now is go to liquor store, put in a wholesale purchase order for about 95 cases of Smirnoff Vodka (before oil makes its price skyrocket), and become a goddamn, raging drunk for the next 12-18 months and just bunker down in the hole in which I live and try to spend no money unless it invloves gambling.
Not a pretty picture.
Posted:
#45
Quote Originally Posted by claycourtlesson:
sounds like a planBest thing to do right now is go to liquor store, put in a wholesale purchase order for about 95 cases of Smirnoff Vodka (before oil makes its price skyrocket), and become a goddamn, raging drunk for the next 12-18 months and just bunker down in the hole in which I live and try to spend no money unless it invloves gambling.
Not a pretty picture.
....although imo i think oil hits about 105 and then you will see a pullback into the 80's i think
Posted:
#46
You're right, but a dismal market environment causes worry, and that causes peeps to sell, and that causes peeps to not buy, and that causes ticker prices to go down, or stay the same (best case scenario).
I got marginal gains, and I didn't want to wait around and watch those slim gains get vaporized.
I'll simply be a "once in a blue moon" trader until the economy gets better.
Posted:
#47
LOL! sounds like a great plan!My only position right now is Under Armour-- UA.. getting ready for the 2008 season with baseball. I think the UA logos in Wrigley will get noticed in Japan and begin to sell overseas. Cubs just signed a big Japanese player and he'll be in the outfield with those Under Armour ads in Wrigley. Possibility for growth in 2008. I'm all in on Under Armour!
Posted:
#48
Good job on UA, player. I missed that trend, totally back in 2004, when I started hearing about it and seeing ads.
Next thing you know, the goddamn ticker price had tripled in a nice, smooth easy ride up the ladder.
Welcome to the tennis forum. The little kids stay out of that one, rugby, boxing and this one.
Posted:
#49
Quote Originally Posted by wallstreetcappers:
Maybe by the time oil is 200 and Bush is out of office, congress will FINALLY start to realize we need to either subsidize alternatives or find our own supply.
I find it VERY VERY interesting that the "blue" states really are doing nothing for alternative energy while states like California, Washington etc are..
I guess we want to be in disaster mode before we take action..
Maybe by the time oil is 200 and Bush is out of office, congress will FINALLY start to realize we need to either subsidize alternatives or find our own supply.
I find it VERY VERY interesting that the "blue" states really are doing nothing for alternative energy while states like California, Washington etc are..
I guess we want to be in disaster mode before we take action..
Waiting for the same imbeciles who give you ethanol as a "solution" to the energy crisis (since the 1970s) to actually solve the problem is like waiting for Godot.
Posted:
#50
I'm sure some media muppet has said this today.....
"All eyes are on the ALL-IMPORTANT FOMC minutes to be released at 2 eastern today."
Well, this time, I must agree somewhat. If these minutes have one single phrase or group of words that concern the threat of inflation, then the rest of the day is in the shitter for the broad market. Looks like an easy short trade could be setting up.....I'm letting my SPY shorts run.
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