November Stock Talk VII

vermeer - C is paying 11% yield on the stake bought by Abu Dhabi yet they are loaning out money at a lower rate

seems like a healthy business wouldnt do a reverse carry trade...but what do i know

you know who makes money in times like this? Altria, Proctor and Gamble, Colgate Palmolive...consumer staples. Aetna, Medco, etc HMO companies make money...not big pharm but HMOs

Thanks KOAJ, and of course gold should climb as well...the above stocks mentioned are covered, at least for me, by BRKB.And it was up 2% yesterday...old WB still on his game as usual.

PS did not know the terms of the Abu investment in C...yet, the question remains, how low can C go before it becomes a buy, if ever? Not that I am in the mood to rush out and buy anything, but....

C will probably hit 50 at some point but do you feel like dealing with pain for the next 2-3 years?

i dont...at least in a money market your money grows

do you trust C will continue to pay its dividend? grow the business

I do generally look at 5-10 year frames for certain selections, so I guess I do not mind it. But you are right:why take on the worries? No doubt there are better options with fewer unkowns and equal prospects.

  Naw...update to those following the gambling (errr investing) career of "Nails" Dykstra: he took a $42,000 loss on HSY options, knocking him down to +$140,000 for the year.He is writing from the south of France today, which is a fine place to lessen the blow!!!

  People grasping at comments by Fed members to give reason to ignore the continuing bad news from the financials.

  I am looking to sell into any strength, locking in decent yearly gains. The USD remains fragile, the price of gold and oil to me remain on the upward track medium to long term.



 

 

  I think so too CC...by the way, I sold Nails a bit short, he stands at plus $149,000 for the year.the HSY hit was his biggest loss of the year, and second losing trade of the year.

  He is recommending JP Morgan...sorry can't go down the financial path at this time. I do remain tempted by C, but, in the final analysis, I am not sure I need the queasiness of the roller coaster ride it will remain on.

 

 Yup...your Nails story was a good one and I suspect he does everything full tilt, including, I bet, sampling the pleasures of the south of France, which are warm and wonderful, and that's just the wine and food part!

 I still think we are heading, full speed ahead, into the same condition that Jimmy Carter presided over:serious stagflation. We are going into recession right as inflation really takes hold over necessities and the USD sinks due to almost certain rate cuts from Ben and the boys.

  Now, the central banks of the Eurozone can try to beat the Fed at its own game and race to the bottom, but I think they lose that too. But their economies are going to take a hit from all of this as well.

Hang in there. this rally defies all logic to me. Not that logic prevails in human affairs (if it did the black box boys would not have created the current disaster).

 I look, re-look, and look a third time, and see:a serious recession, compounded with serious inflation.Throw in a likely Demcoratic tax and spend admin, you have the perfect storm for the good ole days of 14% prime rates, and high unemployment.

CC,

I think you are early but you will be right.

I peeled out of my SPWR calls today, keeping my DRYS March options as I think the stock got HAMMERED and is still undervalued..

I was quite pleased to wake up and see SPWR up 11 today..I needed that for sure.

CC,

Yeah that was definately why, but did you see yesterday? Good news about an install for HP and the sucker rallied early and tanked hard..over a 10 pt reversal. Day before that when the market reversed the stock did another 10 pt reversal.

If they finish the market strong I am sure SPWR might head towards 120 today..but I have sat on gains on these options like THREE times and finally I had to take some small gains..