17 Comments
 
zeropowerSo you're selling, yet you want people to jump, based on the fact that the recovery is in full swing?

I don't understand your POV but good for you if it pays the bills.

Well I had way to much TMO so I put a staggered sell order on it and I'm diversifying my portfolio. Went silver, copper ETFs last week along with railroads, semiconductors, Citigroup, Family Dollar, and a few Asian country indices. As of right now I'm also in Verizon and Intel. But one of my staggered sell orders on Citigroup already sold. So it's not a buy or sell "it's crazy" but more of a general "it's crazy" if you know what I mean.

 
IlliniProgrammerMonkeysama is probably using the proceeds to load up on pasta, canned goods, and farmland. Smart move.

If canned goods is Cu, farmland is an Ag ETF, and pasta is Family Dollar then yes. Huzzah! :D

 

I figure there's a 50-50 chance oil hits new highs within two years if the deficit extension bill passes. I am going long oil, timber, and BRICs if this sails through the Senate.

In ten years, I will not be incredibly surprised if we are burning $100 million bills with Boehner's and Obama's face on them for heat. We're all gonna be billionaires!!! So ah, who's excited about that?

 

Thermo Fisher (TMO) to acquire Dionex (DNEX) for $118.50 per share. TMO trading up 4% today on an acquisition so market seems to like the synergies in the deal. Should do your homework on that deal before you sell obviously its a driving force in the stock right now.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

Your argument makes more sense now monkeysama. Good luck with the ETFs. (WTF were you doing holding C in the first place??)

I also agree with you IP that oil will got through this roof this decade (only a fool could attach a price target but suffice to say 'as high as is speculated' is probably destination) as it simply has to based on diminishing supply and EROI.

 

zeropower - Maybe you misunderstand - I bought C last week and I have a staggered sell until I'm out at 5. They're probably the lowest rated stock in the banking sector right now IMO. They have about 55 percent of their assets in Asia, more than any other bank, and I think their CEO isn't a moron. Plus, they just got out of government hock.

trade4size - I have a staggered sell on TMO until 60 - I really like them as a stock, but I have way to much of my portfolio stuck in it.

 
monkeysamazeropower - Maybe you misunderstand - I bought C last week and I have a staggered sell until I'm out at 5.

Oh indeed i have then, appreciate the clarification. I know it had a nice boost after that float increase last monday but id be wary of such a nice target px ($5) without some possible bumps and bruises along the way there...

@IP: Im fairly keen on the U's as well - but why -235, because of its rarity? And how does one exactly invest in these, through companies that work in the field or what?

 

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