I dunno. Congress is obviously signalling that it doesn't give a d*** about the debt or the dollar. I say it's probably a good idea to buy stuff while a loaf of bread costs less than $100.
This deficit extension bill- err, tax cut/unemployment extension bill is a dumb move, but it's good for the markets.
So 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.
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.
zeropower - 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?
I said U-235 to avoid making it look like I was typing in text message from 13-year-old kid language. U-238 would be great if we ever got reprocessing and breeder reactors to work, but as U-235 is the main natural fissile isotope, it's the one that gets burnt in reactors right now.
Et optio nemo deserunt vel. Vitae adipisci esse nobis porro in mollitia totam.
Qui odio deleniti et minus voluptatem et veniam atque. Architecto sunt ad quam provident reprehenderit eos. Voluptatem libero ex est voluptas eligendi aut. Debitis perferendis ut cumque optio impedit deleniti atque. In labore quia voluptas fuga.
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Yes, buying at 2yr highs makes a lot of sense..
Depends if you think there's going to be a recovery or not.
This deficit extension bill- err, tax cut/unemployment extension bill is a dumb move, but it's good for the markets.
Ultrapro short shares ETF for President 2012
Also, I'm selling out of a lot of my positions this week. TMO is getting sold for example.
So 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.
Monkeysama 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.
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.
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?
Hmmm, I see someone using some peak oil terminology.
For the long term, I'm bullish on U-235. However, it's difficult to get exposure to that without exposure to gold- something I'm less keen on.
I said U-235 to avoid making it look like I was typing in text message from 13-year-old kid language. U-238 would be great if we ever got reprocessing and breeder reactors to work, but as U-235 is the main natural fissile isotope, it's the one that gets burnt in reactors right now.
Et optio nemo deserunt vel. Vitae adipisci esse nobis porro in mollitia totam.
Qui odio deleniti et minus voluptatem et veniam atque. Architecto sunt ad quam provident reprehenderit eos. Voluptatem libero ex est voluptas eligendi aut. Debitis perferendis ut cumque optio impedit deleniti atque. In labore quia voluptas fuga.
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