Robert Perrego

Electric Utilities: Now a Screaming Buy?

Fran - I appreciate that comment. thanx. When trading a stock that you say is OVERSOLD, I assumed the reader would know that the play is the reversion to the mean and not a buy and sell when you have 5 more grand kids. In the future I will be more attentive to this so as not to confuse those less active in the market.

Electric Utilities: Now a Screaming Buy?

Fran,

EXC has highest % of nuclear power but still burns an awful lot of coal. cannot get around it - US has more coal power than saudi arabia has oil. All the utils are built around coal. Period.

As far as time frame - they utils are oversold more than the market is. We get a bear market rally and they pop up faster - maybe make 15% on the trade. Market is a bear market. Picked a combination of those with the lowest PEG as they will go down slower than overpriced ones fundamentally, but if you noticed I picked the ones with larger sell off's for bounce backs. never said anywhere this was an investment - just a buy and when trading you move fast hence screaming.

Only stocks I would hold for more than three months these days - GOLD. EVERYTHING ELSE IS GOING LOWER,

Electric Utilities: Now a Screaming Buy?

Dodger - they don't have them now as per the story I read. Economy is in the toilet and that cap-and-trade crap will do nothing but place a regressive tax on the poor.

Electric Utilities: Now a Screaming Buy?

took who down with my advice GD?

Buy and hold is dead and I never believed in it anyway. How many companies are even around percentage wise over 20 years and profitable? Like 5%. That is picking a needle in a haystack and I prefer to buy oversold and sell overbought. I make a lot more money that way.

If you are one of the lazy people that wants to buy a stock and put it under the mattress for 2o years you will most likely lose money and if you are lucky enough to pick the next Microsoft you could retire - but the other 8 stocks you pick will go out of business and you better hope you have a Microsoft in there or you will end up with nothing.

Want to buy walkman? how about a tobacco company? what about kodak? everyone needs film right?

I confused the investing public? get real.

I never recommend buy and hold - it is for the stupid and lazy. Stick and move and do your homework. Ask warren - he is getting slaughtered this year. i have beat his return year in and year out since I started day trading and that was not even 'buy and hold overnight'.

Electric Utilities: Now a Screaming Buy?

BPete

good comment on the dividend. In a market as uncertain as this one a stock that pays you to hold it is a nice place to hide.

Electric Utilities: Now a Screaming Buy?

GD

Not talking about a buy and hold here. Just as this bear market rally is pooping the financials as they may finally be oversold, a let up on the cap and trade will rebound the utilities. The utilities got sold off very hard and will see a rise. I do not play buy-and-get-hit-by-a-t...

We get a decent bear market rally here and three sectors will perform the best inside this rally - banks, tech and utilities.