Seeking Alpha

Interesting Times'  Instablog

Interesting Times
Send Message
I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
My blog:
Interesting Times For All Commodities And Investments!! CHAPTER 4......
  • Interesting Times For All Commodities And Investments!! Chapter 32.........  191 comments
    Aug 13, 2013 11:37 PM

    What started out as a small group discussing anything related to investing has grown extremely educational over the last few months.

    We have Authors, Financial Advisors, Seasoned investors, Experts in specific fields, and just the average Joe pitching in...

    Folks.. we are growing and posters like it. If you are new to investing then this site is for you.

    HERE IS THE LINK TO READING MATERIAL !!seekingalpha.com/instablog/5038891-inter...-material

    HERE IS THE LINK TO THE CONSPIRACY CHAPTER #2!

    http://seekingalpha.com/instablog/5038891-interesting-times/2075322-interesting-times-for-all-commodities-and-investments-the-conspiracy-2

    THIS INFORMATION IS FOR POSTINGS FOR THE PORTFOLIO CHALLENGE ONLY !!

    SO ALL UNDERSTAND YOU HAVE TO PLACE YOUR TRADES DURING NORMAL TRADING HOURS AND YOU GET THAT DAYS OPENING AND CLOSING PRICE. WE ARE STOPPING THE 2AM DEADLINE. IF YOU POST AFTER 4PM YOU GET THE NEXT DAYS OPENING PRICE.

    HERE IS THE LINK TO THE PORTFOLIO CHALLENGE!!

    http://seekingalpha.com/instablog/5038891-interesting-times/2108732-interesting-times-for-all-commodities-and-investments-portfolio-4

    I am going to be the first one to admit that I haven't a clue when or if Gold and Silver will ever take off in price. I invested thinking they will though. Additionally I don't see much coverage or articles pertaining to the other commodities. So I started a blog where every commodity, and every investment is on the table for discussion. Even political questions. I only ask that you be courteous!!

    Someone posted the difference between being smart, foolish, and a moron. Well I have been all of the above and I will "man up" and admit it! However I came away from those experiences with both battle scars and knowledge.

    For years I have been reading basically any day now Gold and Silver will explode. I am by far a gold or silver bug. Yet somehow the can gets kicked down the road and I live to learn another lesson. Then Sprott's ETF'S (NYSEARCA:PSLV) are talked about as being safer then others (NYSEARCA:GLD) and (NYSEARCA:SLV).

    With all the QE'S basically not creating any new jobs what will be the consequences in the future?. Will we be "CYPRUSED "? Are we in a serious stock market bubble? Obviously we read daily about these concerns but what about other INVESTMENTS? Here is where most of us are uninformed and relish an education.

    Individual stocks are fine to discuss as well. All of us know that commodities should only be a % of your portfolio. I owned (NASDAQ:PSEC) and liked the dividend. Others may not ! So please feel free to entertain your picks and why!

    REE'S have been an interest for a few of us over the last couple of years. I had exposure to Lynas (OTCPK:LYSCF). Some posters might have questions about this group as well.

    If you disagree with a post please bring proof and display your argument. If you agree with a post, find one interesting, or have questions please feel free to respond. We must remember were all in this together. So if you want to talk politics and how it affects everyday life, fine with me!!

    Now if some have an opinion on Copper, Zinc, Palladium, etc. Do not hesitate to post that. Most of us might not understand the post but I am sure we'll be open to learning. Lumber might interest someone and I would like to learn why I should invest in it. PLEASE bracket any symbol as it also allows a reader to click on it and get some data.

    My part time job is a college and high school official so I can sit here and referee all day long. I honestly hope that ALL will be professional with their comments. So lets see who comes on board. Looking forward to what can become a nicely knit group of diversified investors.

    I have invited a few Authors whose work I admire to bring their expertise to the forum here as. Eric, Hebba, Doug to name a few, in no particular order, will drop in once in a while to voice their opinions. Please feel free to ask your favorite Authors to join in the discussion.

    These are highly recommended people that I suggest you follow as well. I have learned a ton from them and find their work both challenging and engaging. Two areas that I hope inspire people who normally don't post to now feel free to do so !!

    Now I also feel compelled to encourage the use of the like button. It is human nature that once someone posts and see the like button add up they will feel they made a valid point. Upon that feeling they will post again! So if you do like what someone posted, either a question or an answer PLEASE use it ! It might help our core grow exponentially as well

    LURKERS , we are waiting for you to post here too!

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Back To Interesting Times' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (191)
Track new comments
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » What is going on with (NTI) ???
    13 Aug 2013, 11:38 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Looks like they announced a new public offering of units priced @ 22.85.

     

    market always looks at these announcements as diluting the share base and the immediate reaction is to sell.
    14 Aug 2013, 10:29 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Its a slow process, but that's all the market wants to see,
    Explains the euroozone equity markets outperforming the S & P last month..

     

    http://bit.ly/124JyjZ

     

    As they slowly improve that should add to the bottom line of U S companies that have exposure there. This part of the global story may now be viewed as "stable" if not positive as we move forward
    14 Aug 2013, 10:25 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Ok, I think I heard a concern from Bullard for DEFLATION, not inflation. So how do markets react with deflation in the past?
    14 Aug 2013, 03:23 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Okay - I'll chapter chase and post my question again... is this where we're up to?

     

    To Gold bugs --

     

    I'm thinking it's a good day to buy (DUST). Down 14% now. For real, with my real money.

     

    Is this gold climb temporary with a bounce down coming?

     

    Or are we breaking out into better gold prices, as the markets start some deflating (or at least sideways moves) and investors "brace" themselves by buying gold? (I have no idea what the dollar is doing, but even after I look - I won't know what it means.)

     

    Any thoughts? Obvious opportunity, or still has some risk attached?
    14 Aug 2013, 03:30 PM Reply Like
  • WMARKW
    , contributor
    Comments (10463) | Send Message
     
    Curls.....I added (NUGT) today and several other silver miners. At the same time I hedged slightly with a small addition to (DUST). My perspective is this: I think the gold / sliver complex has turned up, but there may be beatdown events. In such cases, I will take advantage of (DUST) moves and take profits there. My view is to hedge about $3-4 (NUGT) with about $1 (DUST). So far, my (DUST) has been more profitable than (NUGT).
    14 Aug 2013, 03:49 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ WMARKW

     

    Thanks. Well that leaves it up in the air for me! I decided not to buy (DUST) for an overnight hold.
    14 Aug 2013, 04:48 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » OK COMPUTER FOLKS, is this a good buy? It is refurbished so is that a bad sign?

     

    Friend sent me this link. Say's it is a steal !!

     

    http://bit.ly/13ANK8D
    14 Aug 2013, 04:33 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I have always had good luck with refurbs. Had an Asus desktop PC that lasted 5 years, and that's never being shut off in a dusty environment. YMMV, of course. Some have had bad luck. 90 day warranty, though, and you can usually tell by then if it's good/bad.

     

    For what you said you use it for, the linked laptop would be more than sufficient.
    14 Aug 2013, 04:42 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    IT,

     

    I feel I am pretty well qualified to answer most questions on computer specs. First, it always comes down to what you are using it for. As a photographer, I cannot settle for "average" performance on my "main" computer, but if you are not using photo, video or music programs which demand high performance and a lot of RAM, then you can go more middle of the road. The first thing I look at, even if you are not necessarily demanding real high performance is GHz and RAM. I prefer 2.0 Ghz or higher and at least 4 MB RAM so the computer you are looking at is borderline on the specs I would recommend. I think that price is a bit much for a refurbished HP. I bought a relatively old Compaq on ebay for $80 last year and although I wouldn't use it for much photo work, it works all the basic functions (document writing, mail, surfing the web) quite well. Also, if you plan on multi-tasking, using 2-3 programs at a time then you need a better than average computer... but again, if its main purpose is just surfing, mail and letter writing you can go a bit easier on specs. For those basic needs I like the computer you linked to but I think that price is too high. I would just recommend looking around more.
    Is this going to be your "main" computer or just a laptop extra to your desktop so you can go around the house? If it is only for surfing the web then I would not buy the HP you linked to. There are better buys out there... either getting more for your money or simply getting a less expensive used/refurbished laptop in general.
    No one can tell you what a good computer or good buy is without knowing exactly how you will use it.
    14 Aug 2013, 06:34 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Found a nice Dell (NEW) on sale at Staples which has very similar specs to the HP you linked to. I like Dell ... I like new and i like $299 (orig $429)... this is a sale that probably ends in a day or two so if you are ready to buy right now, you may want to consider this....

     

    http://bit.ly/19iQpZ6

     

    Pretty good customer reviews on the Staples website.
    Once again... it depends what you need it for. if I had $299 hanging around right now, I'd buy one myself. Looks like a nice deal for that money.

     

    ROS
    14 Aug 2013, 06:52 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    Assuming the AMD E-450 is as upgrade as the rest of the unit, yes it's a good buy if it was new. At 17+ inches and slightly older, it will be heavy for lugging around the house or leaning back in bed with it in your lap.

     

    On refurbished, they can range from problem machine, to returned unit that's new but can't be sold as new (that's usually the case).

     

    Personally on something like this, I tend to avoid. On a cellphone or other item that I'd change more often or not be bothered if it goes faster than it should, I'd take the savings. Maybe google the seller and see if people have been happy with their refurbished units.

     

    This is not the same as a store floor model, which I'd avoid as overused and abused.

     

    HOWEVER, it is an older unit. It doesn't list any solid state hard drive.... so price wise it's a nice price, but not a steal. You're paying less for an older but what was medium high end unit.

     

    It will last maybe an hour on battery. 6-cell on a large unit isn't going to last. So if battery operation is important, look elsewhere.
    14 Aug 2013, 04:40 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @IT

     

    Here's a thought on the more low end units... I'm finding keeping my broker's streaming quotes open, with javascript running, and java too (they're different)... my unit is working very hard. So while editing and opening internet pages isn't much use and almost any unit will work -- for myself I'd aim for middle of the pack, to avoid trouble down the road. This works, but the fan is on constantly and it's redrawing screens when I switch to other stuff I have open. Of course it's an older unit. But if I buy now, I'd want to not have to replace in a while as software apps get more resource intensive, so I'd go middle of the road at least. Did you consider seeing if your current one is a simple hardware fix? Or are you ready for a new unit no matter what?
    14 Aug 2013, 04:53 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » According to BEST BUY over the phone it is over 3 hundred to fix it. The laptop is over 5 years old, it is slow and has other issues as well wrong with it. I have to use a mouse as the pad doesn't work either.
    But with my limited use I don't want to spend a ton on it either. So I am lost!
    14 Aug 2013, 05:03 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I get all my hardware @ Newegg - check them. They have a pretty thorough set of search criteria that you can use. A lot of stuff has free shipping, too.

     

    I'm all about saving the $$'s.

     

    edit: actually, that should be "used to get". I usually search on Newegg and buy the stuff through Amazon now.

     

    Amazon Prime ftw. :)
    14 Aug 2013, 05:20 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    HP is a good site to get used to what the options are and the prices. It's overwhelming at first, but doesn't take long to get used to it. Then from there, with any brand you can tell what value you're getting.

     

    That unit really is fine. But look at egghead and HP first...

     

    If it has other issues then time to move on... but I wouldn't take a best buy pricing over the phone. I'd go into Staples or Office Depot if it had been worth the question.
    14 Aug 2013, 05:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Just letting FEAR and JOHN know that I started a new Portfolio chapter and it has 2 trades in it. Mine and COINS!

     

    Thanks!
    14 Aug 2013, 10:19 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Sectors...

     

    CSCO weak last night. I've been hearing lots of negativity about IBM's weak 2 quarters, with lots of "IBM's at the end of the road." So is big-value add tech firms hitting tail winds, or is this individual companies?

     

    Walmart & Macy's are down. Retail is softening? How does this reflect on the enconomy & tapering in Sept potential?
    ......My take is economy is weak, but Fed wants to start, so they'll cherry pick which data points to focus on.

     

    Bullard's dovish talk yesterday, got a small, temporary pop. Is this that:
    a) the market no longer believes the Fed's "pull out someone to reverse every market trend" but is still aiming for tapering
    b) or market is finally moving independently of tapering concerns?
    c) something else

     

    Any opinions or thoughts? I'm curious what everyone here is thinking these days?
    15 Aug 2013, 08:25 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Curls,

     

    CSCO report last night was very good. Market is looking at the "headline" . They now have reported 10 consecutive quarters of RECORD earnings, 10 consecutive quarters of record revenues.

     

    The forward guidance is being reported as "light",,, Looking back it is exactly the same guidance that was forecast last quarter, and Chambers the CEO said that fact on conf call.

     

    Keep in mind the stock is up a nice 34% since the last quarter report.. So it is overdue for a correction. Nothing unusual. IMO there is another 30% upside from here.

     

    This is exactly the type of situation i thrive on , add or initiate on the 'fear" being presented.

     

    I own the stock, and will wait here to see where it settles before pulling the trigger again. The fundamentals on (CSCO) are excellent . I will write a brief commentary and send u the link when i'm done.

     

    I cant speak to (IBM) other than to say that story isn't over - and it has come down to a level that warrants a serious look. Buying quality companies that are "on sale" is the way to grow a portfolio.

     

    BTW , I owe u a write up on an ind. stock , here is my take on (QCOM)
    http://seekingalpha.co...

     

    If we are embarking on a corrective phase here , get the cash (real world) ready as we may get some good LT opportunities presented.
    15 Aug 2013, 09:50 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ Fear

     

    Okay, so sector and (CSCO) were strong. But now there's a softening. Is this a trend to come? Is the softening a reflection of general tech market conditions slowing down at the moment. Or tech slowing?

     

    The drive for explanation of bullishness for the market for the longer term & (CSCO) longer term, misses the current situation as of yesterday. What's it mean for now and immediate term trend?

     

    Good to know on fundamentals as strong, so good for longer term.
    15 Aug 2013, 11:01 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Curls,
    I'm sorry but i don't see softening if we are talking about (CSCO)

     

    Chambers guidance was in line with what was stated and as he mentioned on the call --if they meet that guidance it will be another record earnings quarter..
    If this stock sells off to the lows 20's it will be a screaming buy , there is another 30% upside from here. Which will match the 34% we just got last quarter. !

     

    markets move for many reasons,so you complete your due diligence , and once u decide that the fundamental story is in tact (IMO it is ) , u take advantage of the market hysteria that sometimes take place.
    15 Aug 2013, 12:20 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ Fear

     

    They had strong past, record earnings. And it was with bullish results. But looking forward now from that. Currently, they're earnings were good, but... They're laying off 4000 people.

     

    According to this article: http://seekingalpha.co...

     

    "
    'The cautious guidance comes as a surprise as Cisco and its CEO Chambers have seen increased momentum in the recovery a few months ago. Today, Chambers called the recovery, "more mixed and inconsistent that the other I have seen. The environment in terms of our business is improving slightly but nowhere near the pace we want.'
    To tackle the slowdown in revenue growth, Cisco is focusing relentlessly on execution as it will cut some 5% of its workforce, or 4,000 workers.
    "

     

    So my question seems reasonable. Is the economy getting a little softer for larger tech firms, or is it specific spot issues here and there.

     

    Same question for retail, with Macy's and Walmart not meeting goals? Though Kolh's did fine.
    15 Aug 2013, 09:42 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Curls,
    please check the guidance numbers given out last quarter & compare to the numbers just released,

     

    please look at the earnings forecast and see that if they meet those numbers it will be the 11th consecutive quarter of record earnings ,

     

    actual results & analysts expectations are two different worlds. Thankfully stocks are priced on actual facts & earnings, not analysts perceptions.

     

    It s there in the reports & conf. call. If one chooses to react to the headlines , so be it, for me that represents opportunity,,, since i believe the fundamentals going forward represent a $30 price sometime in '14.

     

    I don't follow walmart, macy's , shall we take 1 report (assuming its bad- im not so sure of that) and make the quantum leap that the economy is softening ? .. explain how Kohls did well. , explain auto sales at pre crisis levels, explain housing and other metrics.
    Market is in the mode right now to "cherry pick " the negatives . Its not unusual , , if one chooses to "cherry pick" the positives then its an opportunity.

     

    No need to go any further , i don't need to try & defend the economy here. Some have the "its all fed induced " , so no matter how many stats or facts that are presented its tossed aside..

     

    each can make their own decisions. I believe u have an idea how i am approaching the market.
    16 Aug 2013, 09:29 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @Fear

     

    "quantum leap that the economy is softening"

     

    Here's the miscommunication. I never said the economy was softening. I'm looking at if a couple of sectors are softening. With your strong views on economy, you're reading that into the topic.

     

    I didn't get news from headlines. I included a quote from the CEO.
    16 Aug 2013, 10:06 AM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    Thursday, Aug 15
    7:12 AM
    Paulson slices GLD holdings by more than half
    The largest investor in the SPDR Gold Trust (GLD), Paulson & Co. cut its holdings by more than half to 10.2M shares in the quarter ended June 30. It's the first cut since 2011 and came "due to a reduced need for hedging," says the firm in an emailed response to questions.Funds run for George Soros and Daniel Loeb sold their entire GLD stakes in Q2.As for gold miners (GDX), Paulson sold its call options on Barrick Gold (ABX), but maintained stakes in Agnico Eagle (AEM), Allied Nevada (ANV), and Iamgold (IAG). Holdings in Freeport-McMoRan (FCX) were boosted to 15.5M shares from 9M.Sources: 13F, Previous 13FRelated ETFs: IAU, SGOL, PHYS, AGOL, DGL, UBG, DGP, UGL, DZZ, GLL, DGZ, UGLD, DGLD, GLDI, GDXJ, GLDX, PSAU, NUGT, DUST, GGGG, RING.
    15 Aug 2013, 08:44 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @NOTRUB

     

    That info on those selling their gold position is huge. Now does it mean were in a strong corrective stage in the markets or they think were so strong that gold will tumble in price as it isn't needed anymore?

     

    Thoughts?
    15 Aug 2013, 10:45 AM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    IT,
    As the article states they were (GLD) as a hedge. To answer your question you would have to know what they were hedging against. Inflation, devaluation of the US dollar, crisis if memory serves me correctly gold has been bought for all of those situations in the past???

     

    If it ties into the deflation article yesterday they unloaded because they see gold assets going down in value as that is the definition of deflation a decrease in value. The last overall deflationary period we had in the US was the Great Depression. There have been deflationary periods for individual sectors such as property values during the S&L bust of the 1980s. Or, the deflationary period for basic materials (oil, gas, metals, ag, etc.) since mid 2012.
    15 Aug 2013, 11:05 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » NOT

     

    Your statement backs up exactly what I am stating. Deflation is BB'S worse nightmare and if it happens he has no answer for it !

     

    I THINK those insiders are now expecting this and are heading out of the market. We just read a major inflow of money into funds but the markets are dropping? That doesn't end well.

     

    We have seen this before and it usually is the kiss of death. I . personally got defensive in my thoughts once BULLARD spoke. It reeked of a panic coming . Waiting to see what happens next .
    But I really don't see a correction that will turn around quickly.

     

    Wall Mart, Penney, Philly index, Cisco, etc not giving me any warm feeling. All I hear is it is now the POTUS WHO CAN SAVE THE DAY !! Really ?? Job creation at the snap of his fingers?

     

    RUN FOR THE HILLS!!
    15 Aug 2013, 11:17 AM Reply Like
  • Freddy Hutter, TrendLines R...
    , contributor
    Comments (3738) | Send Message
     
    Deflation was pervasive thru most of 1949, '50, '55 & part of '54.
    16 Aug 2013, 12:26 AM Reply Like
  • Freddy Hutter, TrendLines R...
    , contributor
    Comments (3738) | Send Message
     
    Notrub, Deflation was pervasive thru most of 1949, '50, '55 & part of '54.
    16 Aug 2013, 12:31 AM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    Freddy,
    Was that overall deflation in all sectors or deflation of certain sectors during certain years? I wasn't alive pre-1957 so I don't personally know?

     

    When I Googled 1949-1950 I did find a recession caused by the end of WWII and high unemployment caused by the returning military trying to get back into the work force, high debt of the US government (over 100% GDP). But, I could not find where the cost of goods, services, basic materials, land, etc where falling (reduction in value) like they did 1930-1934.

     

    I couldn't find anything on 1954 or 1955???

     

    Could you point me to some links of info on those years and what was "deflationary"?
    Thanks
    16 Aug 2013, 08:23 AM Reply Like
  • Freddy Hutter, TrendLines R...
    , contributor
    Comments (3738) | Send Message
     
    CPI: change to "percent change from a year ago" in the "units" drop-down box: http://bit.ly/pLAkVY
    16 Aug 2013, 05:39 PM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    Thursday August 15, 8:45 AM
    Stocks and bonds fall further after jobless claims
    S&P 500 (SPY) futures -0.8% and bond prices tumble further as initial jobless claims are within shouting distance of soon having a "2" handle, falling to 320K last week. The four-week moving average fell 4K to 332K.
    TLT -1.1% and the 10-year Treasury yield is up to a new 2013 high of 2.78%.
    Earlier: Shaky numbers from Wal-Mart fail to stop yields from going higher.
    Related ETFs: IVV, SPY, VOO, RWL, SFLA, SSO, UPRO, SDS, SPXU, SH, EPS, RSP, BXUB, BXUC, BXDB, TLH, TLT, IEF, DTYL, DLBL, ILTB, TENZ, ITE, TLO, EDV, VGIT, VGLT, TMF, TYD, LBND, UBT, UST, TMV, TYO, DSTJ, DSXJ, SBND, PST, TBT, DTYS, DLBS, TBF, TTT, TYNS, TYBS, TBX.
    15 Aug 2013, 08:47 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Here is some more food for thought, why is silver still rising ??

     

    Me thinks the Fed Bullard chatting yesterday saying a meeting and response from them is needed after EVERY meeting is a sign their plan ain't working !!!

     

    Panic from the Fed? BB wants to delay his deposition about AIG? Why? Are cracks starting to form? Interest rates are rising as we speak.

     

    I think the musical chairs game is coming to an end, It might be a long term buying opportunity for some, but you better be in your 20's for that !!! imo

     

    My 2 cents!
    15 Aug 2013, 10:46 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    IT,

     

    I'll respectfully disagree, selective buying now will serve those in their 50's 60's, very well, i'm in that camp , so i am going along with what i decide to recommend to others in that age bracket.

     

    IMHO, We won't have to wait the 15-20 years to see gains on what we do now..

     

    We're down abut 3% from the highs as i write this, imagine the negative rhetoric that the media will spill out IF we ever get a 10% drop . They'll have us back in a full blown global recession mode -
    15 Aug 2013, 11:04 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    There are much, much simpler explanations than the sky is falling.

     

    Bullard thinks Sept is too soon, but knows Dec is too far out to get enough members to delay. He's either hinting taper will start in Oct. Or he's -wishing- for Oct. Or his mission he's been sent on is to micromanage this downside, same as they've been doing, and he's hoping hinting about Oct will do that. Or he's simply expressing his views, and it's all go nothing to do with anything - just getting himself some air time.

     

    Delay on a deposition can be for a million reasons. Such as, his attorney's kid just got sick... Delaying a dep is normal. Rushing to dep would be a signal.

     

    The current bull is ending, and correction or down for a bit will happen. The bull that comes back intermittent to the "drama news" will be less constant and parabolic. But there will be bull in there. (The economy isn't in complete drag. It is moving along, just slowly.)
    It's not going to major crash. Too many people trying to prevent that. (If it will, if will crash a couple years out when no one's looking any more, and the bull is ecstatic.)

     

    Once down, it's a buy for practically everyone, no matter age! It doesn't take that long to come back up. The risk was buying in the last few months of high if you were short term to retirement, because it was high and correction or crash could come. Once it's down that's a -great- time to buy!

     

    Even if the current QE mess (here, overseas stuff) does cause a long term trauma to the economy... it won't show up as tapering starts. That will just trigger higher interest rates. Any trauma will be a year or two out when it finally is event. So buying on a low, in you are short term to retirement... maybe stick with solid dividend stocks. And keep an eye out for a sense that it's not going well.... after everyone stops paying attention and the market's bounced up again.
    15 Aug 2013, 11:15 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @curls

     

    You can believe what you want. I have my thoughts on what I think is really going on. Time will tell..

     

    Not every correction is a few day event and then were back to feeling good. BB was trying to starve off a depression and the answer is did he or did he just kick the can down the road?

     

    Long term traumas overseas doesn't just cause interest rates to rise. It effects EVERY INTERNATIONAL companies bottom line. You can trust our government's reports, I don't..

     

    Unemployment is not 7% , it is 14%. !! Part time employment will catch up to companies bottom lines as well. Like I always said this is a marathon, not a sprint.

     

    A fed being panicky SHOULD make you panic as well.imo

     

    No one has a crystal ball and can time a huge correction if one occurs. That is why some of us own physical metals to protect our value. We just accumulate and wait.

     

    Think deflation is good news?
    15 Aug 2013, 11:38 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    If you read what I wrote, I state a lot of what you state. I just time it differently. I do believe that difference in timing, is critical for my portfolio.

     

    I don't personally consider a panicky fed who doesn't match the rest, to be of importance. There's always one, in every group...

     

    "Not every correction is a few day event and then were back to feeling good."
    I never said that. My views were quite different.
    15 Aug 2013, 12:00 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @curls

     

    My point is the word TIMING... I HATE it as an investor because no one knows the timing. If they do they aren't posting here, they have sand between their toes.

     

    I am trying to make a point that I would never try to TIME a market as too many variables to consider. I took that FED speaking as a sign of trouble coming..

     

    I have less then 5 years to retire and I will not invest in this market until I see a major correction. I have limited funds and am not going to play bouncy ball. If I do invest I need a dividend stream and I will be practicing that in my portfolio after I sell my (DUST).

     

    I JUST PROVED TO MYSELF I have no clue on timing. Now I will try another method and see where I end up a the end of the year. That is why this challenge is a great idea. Some of us are learning as we trade.

     

    Gonna leave my gambling until I go to the track. lol
    15 Aug 2013, 12:12 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    My sense of timing hasn't been bad. So I'm trying to figure out the flow and what I want to do with it.

     

    I never suggested you should get into the market now. I suggested that once the market is down, it is a good time to get in. I don't think that there will be a major crash right now. That's a different view than yours. I think if there is a crash it will be a couple years out after folks who are out now, have finally gotten back it.

     

    I need my money to grow, so 1% in a savings account isn't going to work for me ... to get to retirement.
    15 Aug 2013, 12:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    No problem with taking the opposite side. BUT I am banking on BB starting tapering before he leaves office to put his fingerprint on the final step and live in History books as the one who saved the day!!

     

    He won't be saving the day, he will be leaving us a mess to clean up! We shall see.

     

    I see a correction tied into tapering as a correction that is driven by tapering and no one knows where that will end up,

     

    I have been in Wall Mart stores over the last month and they are empty !!!
    15 Aug 2013, 11:20 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    IT,

     

    Understood, Tapering will be a catalyst that will add volatility to the market for sure, BUT in my view at this moment , when the dust clears, tapering and slow unwinding wont affect the bottom line of corp earnings . That is what we will need to focus on.
    15 Aug 2013, 11:33 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    The Wal-Mart near us is always busy. I guess WM's in rural areas usually are, because I've never been to one that wasn't too busy for my tastes.
    15 Aug 2013, 01:03 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ John

     

    It's busy, but I'm noticing it's not the mobbed, go-to place in the same way. Target and others are matching on prices where it used to be Walmart was always the lowest. Walmart doesn't always have what I need & I find it elsewhere. They market model had it's impact, but it's no longer the only game in town. Then there's Amazon's competition.
    15 Aug 2013, 05:22 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @john

     

    My Wall Mart is usually out of stock on what I need, I live an hour outside NYC, and they usually had long lines but no more. I can't even say if Target is taking the business or people are slowing down shopping.
    15 Aug 2013, 05:36 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I guess ours is always busy because it IS the only game in town. :) We get to choose between WM, Lowe's, Dollar General and Kroger...

     

    As far as Memphis (closest city to me) is away from us, I still wouldn't mind too terribly much if was even further away. ;)
    15 Aug 2013, 05:40 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    Bullard is panicky. He's disagreed with by much of the Fed ...they aren't as anxious to delay as him. So he is trying to put the warnings out there and gather support for his view.
    15 Aug 2013, 11:24 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @CURLS

     

    Which means BB wants to taper and the markets don't like it one bit .

     

    Does he have a good reason to panic is the question.???? The markets are telling you what they feel.
    15 Aug 2013, 11:30 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    You post cleared up the answer to the question I asked on Bullard yesterday. I wondered why markets didn't react much to his dovish talk.

     

    It's because they figured out what I missed -- that Bullard was speaking his concerns before Sept because the Fed IS aiming for Sept. And so the markets go down. Market is rightfully concerned about rates going up as a slower down in stuff that matters to them. And that's what the taper panic is all about.

     

    What this all means for long term is a different issue... as I guessed... it will be awhile before that matters at all, and shows up at all. It's not what the market is reacting to right now - they're worried about borrowing rates for businesses - not that the end of the economy is coming. Those folks haven't been in this bull for several months now at least. So they aren't part of the sell off now. Those who are worried but have been in... are still going to "ride this ride" but with caution...
    15 Aug 2013, 12:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @CURLS

     

    "What this all means for long term is a different issue... as I guessed... it will be awhile before that matters at all, and shows up at all. It's not what the market is reacting to right now - they're worried about borrowing rates for businesses - "

     

    Please understand I am playing devils advocate here. How do you know this? Interest rates can destroy BB'S plan as well. Forget companies borrowing..

     

    Today might just be a blip, or a sign, but how has the markets done over the last few weeks prior to their concern for a Sept. tapering ending?

     

    Just look at the buy and holds in our challenge and where they are today? ROS was in the lead, now where is he? It is the gambler DR who is in the lead and as BSF says welcome to the casino!!
    15 Aug 2013, 12:26 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    Yes. My guess is that it will be a while before -impact- from tapering and fed stuff has actual impact on economy that has actual impact on market. Also that current market reaction on tapering is about interest rates potentially going up.

     

    "how do I know this?" I don't. But I do believe stuff takes a while to get from one point in the economy to impacting another point in it.

     

    "Over the last few week's prior to concern" Taper's been topic in the air since May.

     

    I'm missing it, if there's a question you want to ask or view you want to present? No need to play devil's advocate though.... We do seem to be talking past each other today.
    15 Aug 2013, 05:35 PM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    IT,
    BB's "plan" is to be out of site when everything falls apart. Just like Bush did need a plan other than passing the mess onto Obama. BB will be gone in January and could really care less as long as everything doesn't unravel between now and Jan, and it won't.
    15 Aug 2013, 08:53 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » NOT

     

    I am not sure of that. He wants to go down in history saving us, not burying us. Hence he needs to at least start some tapering...

     

    But we will know very soon.
    15 Aug 2013, 08:57 PM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    I am absolutely positive about it. He already has his "legacy" of saving the world from depression and financial collapse. He already has the media singing his praises. What could he possibly do to improve anything in the next 4 months that he hasn't tried in the last 8 years???

     

    I might add that he has also seen the writing on the wall since the congressional hearings in 2010 that the FEDs days of doing business unfettered by scrutiny are numbered. He knows that it is pretty well known some of the underhanded dealings that were used in 2007-2009 to prop businesses up. Such as using the bail out of AIG to funnel money to the likes of GS, MS, Citi, JPM, BA and foreign banks using their reinsurance businesses. He knows all of this is going to come to light eventually. He also knows out of sight out of mind. Let someone else make their "legacy" off the new "open" FED.
    15 Aug 2013, 09:13 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » So he leaves office, they try to unwind. We go into a huge recession and you don't think he catches the blame?

     

    I do !!
    15 Aug 2013, 09:22 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Food for thought on Gold

     

    http://read.bi/16S1O1J

     

    A short term run to 1400 ? then the trend should be back in play for a retest of the lows.
    15 Aug 2013, 12:27 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    At least there is finally a "run." Being in silver rather than gold I still experience the same since they generally run together. Silver has had a long rough ride and those of us in it for the long haul are content to see some small runs... at least its going in the "good" direction for a change. Pullbacks and hiccups along the way are inevitable. I musty admit, silver back under twenty had me bumming a bit wondering where the bottom was.
    15 Aug 2013, 12:41 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @ROS

     

    Did you notice that most stocks are down but most metal companies and streamers are up today ??
    15 Aug 2013, 12:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @FEAR

     

    Your $1400 is just around the corner..
    15 Aug 2013, 01:12 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I just noticed that! In fact , the only stock in my entire list of 10 in the challenge that has gains today is the only change I made so far when I picked up CEF.

     

    Being very much a long-term investor, I have developed a thick skin for days like this. So often one bit of news will swing the market on any particular day but rarely do the losses stay intact and many times the rebound occurs the next day or within a few. In fact, for those that may have available cash, whether it be in our challenge or real life investing, I liken a day like today to a short-term "bottom" for stocks. I am convinced good companies like CSCO and HD (to name two I have) will rebound from today rather quickly. If I had available cash lying around (I wish!) I would grab shares of those two if only for a short term windfall that is likely to happen either tomorrow or next week.
    I have always been amazed how news on any single day can move the market and all the while we know it is more than likely temporary and once the dust settles, things will realign themselves toward normalcy again. I guess what it comes down to is day-trading. Why else would stock prices move drastically on any news and then adjust itself back to normal soon after... it happens all the time.
    IT mentioned a longer term correction heading for us and although I do not deny I fear that as well, an event like today in the market doesn't bother me. Time will tell if I am being foolish but my challenge portfolio was plus $350 yesterday and is now nearly $2k in the hole. I am willing to bet it rebounds strong in the next day or week. We shall see I guess.
    My point is, as a long-term investor and definitely NOT a day trader, I don't let down days like this bother me since in the big picture down the road, today will be a tiny blip on the radar. That is also why I am very patient with silver... I truly believe in the long term it will be a nice investment.
    15 Aug 2013, 01:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @FEAR

     

    With all due respect you can throw all these charts out as I personally feel that the FED getting involved has to be factored in and these charts have no way of doing this.

     

    Had the FED stayed out of this we would have had companies crash and burn but life would have moved on. Now they just delayed and made worse the inevitable imo.
    15 Aug 2013, 12:37 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    The fear is getting palpable IMO. Watching the DOW go down, up a little, then right back down. People are not jumping in to buy this dip...but the volume is so low, it's crazy. This is not the real market, with so few participating. August is always light, but who knows what Sept. will bring when volume should get back to normal.

     

    Did anyone hear about how bad hedge funds are doing, and also Buffet? The problem for the hedge funds is companies doing stock buybacks. I like to listen to what Art Cashin on CNBC has to say. He says to be cautious with this market.

     

    Do we continue to go down tomorrow? I say yes....it's hard to stop this market once the momentum starts, up or down.
    15 Aug 2013, 12:45 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    agreed.... this is not typical of our real market. This seems to happen a few times in the summer when volume is down but to me, it presents itself as a great short-term opportunity if you have the cash to buy in today. Like I said in another post, I am convinced picking up some stock like CSCO and/or HD today will yield some short term profits when it rebounds soon. I only wish I had some extra cash to benefit from this, but none of that here :-(
    15 Aug 2013, 01:30 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ ROS

     

    Those for rebound is a good idea. I'm concerned though that it's in an immediate bear trend, so whole market may come down to match them...

     

    I can't find your long silver post, but I have a question on the buying down. Do you believe:
    1) Your original current silver was bought at a great price for making a profit in reasonable time period (whatever period you want to wait)?
    OR
    2) It wasn't a great price, and you'd like to average down the price?

     

    In the answer, may be the answer to whether you should buy more or not.
    15 Aug 2013, 09:13 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    IT,
    not an issue , u can remove the link, it was for informational purposes ;)

     

    I do like to go with the more rational approach & keep all in perspective,
    so here is the latest sentiment figures.. In the latest week, bullish sentiment declined from a slightly above average level of 39.5% down to 34.5%. This represents a six-week low in bullish sentiment,

     

    Its hardly indicative of any kind of market "tops" and shows there is certainly no "froth' or irrational exuberance on display.

     

    Investors can take it for what its worth..

     

    :)
    15 Aug 2013, 12:48 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @BSF

     

    No guarantee Sept will pick up in volume either if people are confused as to what to do !!

     

    It seems the easy money days are coming to an end. imo
    15 Aug 2013, 12:50 PM Reply Like
  • WMARKW
    , contributor
    Comments (10463) | Send Message
     
    Things are going crazy in gold and silver RIGHT NOW. At this rate gold will be up $100 by lunch. (Then I can afford to go out to lunch !)
    15 Aug 2013, 01:00 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @WMARKW

     

    In real life I am happy, in the challenge I am not! lol
    15 Aug 2013, 01:14 PM Reply Like
  • tampat
    , contributor
    Comments (998) | Send Message
     
    Hey IT,

     

    Stopping by to say hi.

     

    I wouldn't get too bearish too quickly. The Dow seems to be getting the worst of it , below its 50 day MA now down to its 100 day MA, but the small caps and SPY are hanging in there, haven't even taken out the 50 day MA yet.

     

    A break of the June lows in all 3 of those indexes might get things interesting but until that happens its still just a baby correction.
    I'm not finding anything I want to buy here, need a bigger drop first.

     

    Interesting that bonds are not rallying much as stocks go down.

     

    I've been wondering where the money is coming from thats going onto gold. Maybe a little rotation out of stocks out of a little fear about what Sept might bring. Gold is such a small market it doesn't take much money moving into it to get it going.
    Anyway, would love to see it continue.
    15 Aug 2013, 01:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @TAMPAT

     

    Nice to hear from you. I am not saying this is THE correction, just that the wheels are getting wobbly.
    15 Aug 2013, 01:24 PM Reply Like
  • WMARKW
    , contributor
    Comments (10463) | Send Message
     
    Loose lug nuts !
    15 Aug 2013, 01:29 PM Reply Like
  • tampat
    , contributor
    Comments (998) | Send Message
     
    Wheels are getting wobbling?
    I think they have been wobbling for a long time trying to carry this cart full of QE juice uphill for the last few years, wait until an axel breaks...
    15 Aug 2013, 01:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Me thinks I see oil on the ground?
    15 Aug 2013, 01:56 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    So far may gold buy this morning is making me very happy. Now when do I get out?? (NUGT) is up yesterday over a $1 and now again today, over $1. There was a HUGE spike in gold a little while ago, it was up over $30. CNBC thinks it could be because of the violence in Egypt....but they are not sure.

     

    So my insurance is paying off, for once I'm not just watching my real life portfolios go down $$$$.

     

    I'm thinking gold is going to keep going up?
    15 Aug 2013, 01:44 PM Reply Like
  • WMARKW
    , contributor
    Comments (10463) | Send Message
     
    I am hoping to see gold close up today over $50. I can't say why, other than several of the down days were down over $50. I want to see no profit taking by end of day and resounding statement. We shall see.
    15 Aug 2013, 02:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @BSF

     

    I posted my thoughts in the portfolio chapter. But if I made a 15% profit in ONE day on a 3x leverage fund I would lock it up. All it takes is the FED to have their cronies place a ton of naked shorts in the market and it could turn around.

     

    However my research has shown me that physical buying is still on fire for both gold and silver so one day the paper vs the physical will separate. Now the million dollar question is when?
    15 Aug 2013, 02:20 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I am not convinced that is inevitable. I have been reading articles for over two years alluding to that separation and yet see nothing that leads me to believe it will happen any time soon, if at all. With that said, I would not dump all my eggs in the SLV basket which is why I feel safer in PSLV.
    15 Aug 2013, 05:26 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Well FBN'S just had a report that physical sales are on fire in both metals overseas. Limits are being used as well as new taxes to slow it down.

     

    That day will come....
    15 Aug 2013, 05:38 PM Reply Like
  • WMARKW
    , contributor
    Comments (10463) | Send Message
     
    See Tom Luango's article today. Very good.

     

    http://seekingalpha.co...
    15 Aug 2013, 06:25 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1756) | Send Message
     
    Just read a very compelling SA article about the gold comex, a must read:

     

    http://seekingalpha.co...
    15 Aug 2013, 05:48 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Blue,

     

    I believe that may fall into the category with my comment on Gold earlier today ....

     

    U can " throw it out "..
    15 Aug 2013, 06:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » BSF

     

    You might want to read this as well, then of course you can throw it out :)

     

    http://seekingalpha.co...
    15 Aug 2013, 06:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » BSF

     

    I follow and chat with Hebba. This has been going on for years! That is why I suggested locking in your profits today because the naked shorts sometimes are triple all the gold on the planet.

     

    It should be illegal. Do me a favor and ask Hebba to drop in if you don't mind. Also tell him he never joined our challenge and he said he would.

     

    I PM'D him a few weeks ago but he never got back to me. If you really want an education in the commodities you should read his articles and ask him questions about how much gold is actually left to buy?

     

    Most of the physical is heading overseas. But let him explain it all. Some posting here know this ! WMARKW, TAMPAT, and a few others as well.

     

    I bet your jaw will drop with links he gives you ! Ever wonder why Ft. Knox never gets audited? Or Germany wanting THEIR gold from us but have been told it will take 7 years, not 7 months?

     

    "Releasing" is a huge problem and soon they will get caught with their pants down, trust me one day it will happen!!

     

    Fooling with gold and silver is a dangerous rigged game!!
    15 Aug 2013, 06:08 PM Reply Like
  • Hebba Investments
    , contributor
    Comments (1455) | Send Message
     
    Sorry my time has been very limited recently so I havent had a chance to stop in or participate in the portfolio challenge.

     

    I cannot tell you why gold/silver have been suddenly rising other than the fact that the fundamentals are still very strong on both (especially gold). I would have actually expected them to drop yesterday on the news out of India, but obviously it was a bullish day for the PMs.

     

    One thing that has been very interesting about this past week is that stocks AND bonds have both been weak - this is very counterintuitive because usually as stocks are sold investors go to bonds. That hasnt been happening...

     

    This may be the result of foreigners selling USD denominated assets (the latest TICs report confirmed this) and as they've entered the US market over the past year they may be exiting and thus the drop in both stocks and bonds. This also may be part of the reason gold/silver have been rising.

     

    Ultimately, I dont know why the sudden jump in PMs, but investors should monitor US treasuries because we've been steadily climbing and no matter what you hear from uber-stock-bulls, rising interest rates are almost always BAD for businesses - especially in a debt-laden economy
    16 Aug 2013, 07:38 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Heeba,

     

    my take on the recent move in gold is short covering ..
    16 Aug 2013, 09:33 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    Silver short covering as well? Up for over a week now. I think other things are going on. imo.
    16 Aug 2013, 03:35 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Don't have an opinion on Silver, looking at a chart it looks like it can go to 25
    16 Aug 2013, 03:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Well silver was up 14% this week alone!! I believe the best week in 5 YEARS !!

     

    Not short covering or if it is then that says something as well....

     

    $25 is a good start !
    16 Aug 2013, 04:03 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Here's a thought ! Coincidence?

     

    Bullard from the FED has a new conference yesterday stating interest rates are too low and the very next day they rise??

     

    Just thinking outside the box here. hummm
    15 Aug 2013, 08:16 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Now just looking at gold it seems to be rising just about the same exact time as yesterday...Am I crazy ? (curls, don't answer that !)
    16 Aug 2013, 01:35 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    Yes IT, you are. (Sorry.) (GOLD) and (NUGT) aren't up - they're down. Since 1pm the markets been going back down, a small pop up now... The S&P broke below it's 50MA. (Great point by Tampat to look at the technicals there!) It may not end below.

     

    I haven't check bullion sales - is gold up there? Market down, worry about Bullard's mention of inflation... gold could be up...

     

    Looks like the correction might finally be arriving. I'll bet there's a nice facade upswing after another week or so, until closer to the Fed date... and then back down again in a panic. How far down and earnings and tapering will determine how much further down, or if it's a small ride down. As Bluesky says, it's going to be a bumpy 4th quarter.
    16 Aug 2013, 02:02 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Bullion gold and silver are UP today...Silver has been up for 8 days I believe. More then just short covering...

     

    A correction has slowly been going on for over a few weeks now. Just look at our holders in the portfolio challenge. MOST holders, if not all, are in the red !!

     

    Numbers don't lie.(sorry, us accountants always rely on this )
    16 Aug 2013, 03:37 PM Reply Like
  • Tom Luongo
    , contributor
    Comments (1314) | Send Message
     
    The move today and yesterday, with a weekly close above $1350 in Gold, is a very strong move that now sets the market up to gtest the June high at $1425. A monthly close in August or September above $1425 and the bears better cover because all discussion of a continued bear market in gold is nonsense.

     

    Brent closed above $110 today, further confirmation of a bullish breakout in dollar-bearish assets along with the close above 2.8% on the 10 year bond.

     

    All the signs are in place for the next leg of the gold bull market to begin. It might pause at $1425 for a little bit and even be beaten back some but this close is a strong trend-changing signal especially with Silver also closing well above $23.
    16 Aug 2013, 05:33 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Tom,

     

    Please allow me to take the other side ... I would suggest a move above 1520 would then question whether the bear market in gold is in fact "over".
    In addition, if that were the case this bear market would be one of the shortest on record.. Not likely

     

    Agreed the recent move is impressive, but until the trend is indeed broken , the bear market in gold is in tact. The secular bull market in equities should trump any sustained move in Gold from these levels.

     

    Until shown otherwise this is a classic rally in the confines of an overall bear market. The only question that remains is if in fact Gold has entered into a "secular" bear market that wil take years to resolve.
    Time wil tell.
    16 Aug 2013, 05:47 PM Reply Like
  • Tom Luongo
    , contributor
    Comments (1314) | Send Message
     
    @Fear Um... Looking at it the same way you are except from a much longer and stronger perspective, this is simply a bear wave in a longer and stronger bull market.

     

    The secular bull market in Equities is liquidity driven and now that the Yen is no longer doing the Fed's dirty work in the Forex markets we're beginning to see the real effects of QE show up in the gold market.

     

    See my last three articles on the subject to get an idea of what's really been happening behind the scenes.

     

    http://seekingalpha.co...

     

    http://seekingalpha.co...
    http://seekingalpha.co...
    16 Aug 2013, 06:24 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Tom,

     

    thanks for the reply ,, respect your views, I am not of the belief that this secular bull in equities is entirely "liquidity driven" , So at that point I will depart from further commentary.

     

    best to you .
    16 Aug 2013, 06:27 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    Can I add two cents...?

     

    A good part of the past gold rally was movement / trend induced. People bought gold because it was going up and looked like a great deal. ....So, now that it's "promise" of always going up has been broken, that pool of investors won't come flocking back.

     

    Who will invest are perennial believers in gold as safety who also believe the economy / world is on shakey grounds. Also, traders, especially looking for a pop. Also perennial hopefuls, those that did well in gold so they're hoping to again -- i.e. really solid gold bugs. (And there are a lot of converted ones in that run up.) Those who bought high and lost are more likely to sell & give downward pressure, than to buy more.

     

    So it's a smaller pool than it was. A more skiddish pool. There is still a pool, but it's not going to jump back into a bull market as though this downturn didn't happen.
    16 Aug 2013, 06:13 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » CURLS

     

    Why did gold go up for 12 years then? Think we all thought the world was on shaky grounds or maybe that the dollar depreciates in value very quickly?

     

    12 years is kinda long for a trend don't you think?

     

    Anyway, I have a busy weekend so I will be in and out . HAVE A GOOD ONE ALL. Oh and some of us still do think the economy is on shaky ground as well. Seems the FED feels the same way by not stopping their tapering.

     

    My 2 cents!
    16 Aug 2013, 06:20 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    If this is shaky ground than i want more , market is 3% off all time highs.

     

    & now we have a 2.8% 10 yr. - 10 yr was 1.8% on Jan 1 '13.

     

    What happened to the cry of rising interest rates will kill the market ?

     

    so to put that in perspective -- rising rates and we are 3% off all time highs .. maybe its the global economy ? .. No, its the central bankers around the world that have conspired to make this an illusion.

     

    whatever u wish to believe ---- enjoy the weekend -- :)
    16 Aug 2013, 06:45 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    We seem to be talking by each other a lot lately... cause I can't follow your reply as coming from my thoughts. Oh well. On what I can follow...

     

    1) Yes, 12 year trend. A number of times since late 90's, I've heard "gold will make you rich, it keeps going up, and jump on before it's too late." That was a big selling point -- pure trend. I never jumped on (too bad).

     

    2) What has thinking the world is on shaky ground got to do with it? I was talking about my 2 cents from here... but you projecting that backwards into as though I said it about the past? I said in the past it was a trend / movement in large part - and that isn't about shaky ground.

     

    Looking forward - I listed 3 types of buyers, not just shaky world ones. Since your interest in it IS worry over shaky grounds, you don't contract my perception investors keen on gold at this point! (I'd also call you a gold bug type too.)

     

    So I'm thoroughly confused. What is it that you are disagreeing with, and what are you agreeing with? I thought I added a few side points of value... they weren't a thorough dissertation.
    16 Aug 2013, 09:59 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @CURLS

     

    So now you have me confused. If anyone holds physical gold or silver we are now classified as bugs?? Might as well add doomsday preppers to that too.

     

    No, as I stated above every FA tells you to have exposure to the metals. Even BSF bought an ETF as insurance.. I just think you oversimplified something that some of us have studied for years .

     

    But that's ok, no worries..Gotta go find all that gold I buried . At my age I should have kept a list.. lol If you believe in inflation then gold will not become cheap.

     

    Those calling for $900 gold just don't get it ! Silver was a screaming buy under 20 bucks yet , as usual, most ran away thinking it was a bad investment.

     

    Now even FEAR says it can hit $25 per ounce. Now what % gain would that be if it hits that number this year? Not too shabby of return is it.?

     

    Listing ONLY 3 types of investors in the metals might not be a correct assessment either.

     

    Enjoy this beautiful day out !
    17 Aug 2013, 12:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    You will get more, more of a correction as rates rise. . 2.8% isn't the rise I am even talking about. But you have to hit 2.8% before you hit 3.8%. . Then 3.8% before you hit 4.8%.

     

    You get the point now :)

     

    Sorry if we disagree and I will keep it polite. But we are on a different planet on which way this market is heading. Tom wrote some good articles, too bad you did not want to engage with him.

     

    We all would have learned from two bright guys. I am sincere..

     

    If we are NOT on shaky ground then why doesn't the FED stop it's program?
    16 Aug 2013, 07:23 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    If rates rise like that, it makes my investment thesis simpler - stick my money in a bank and collect interest instead of dividends. :)
    16 Aug 2013, 07:28 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    I have been looking for a correction for quite some time now & have said so. A 20% annual rise is usually met with a corrective phase. The point is that the market will come to grips with rising rates , digest that as the economy improves. A process that will take time and we will experience volatility as that takes place & I believe I have stated that.

     

    I wont engage in debate with those that believe that it is all "liquidity driven" , many here in this blog and elsewhere on SA have tried and after presenting their arguments are met with the same reply-
    none of that matters because its 'fed induced" , it's not real. What is the point to further debate ?

     

    I'm not as bright as Bernanke so I can't answer when it is the right time to taper.

     

    Now If someone really wants to talk about the "fed" issue, please start by telling me how much the QE program has impacted the bottom line for companies since inception. Please tell me how much it has added to earnings for Cisco, JNJ, IBM , Mcdonalds, At & T , etc, etc, Please indicate the difference so we can see how much the stocks are supposedly overvalued and how they will come crashing down,

     

    I have yet to see someone "quantify" the "theory " that the fed has caused this illusion in earnings , PE multiples and equity prices.

     

    If so I will gladly adjust those reported earnings and their respective stock prices . Until then its a bunch of words .. same speech -different day .. or should I say different year. The same cry has been heard in the face of facts that are continually dismissed.

     

    Believe what u wish ... each has to decide what to do with their money ..
    16 Aug 2013, 08:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    Companies have been hoarding money and laying people off. YOU mentioned Cisco, did you see they are laying 4k off? That's a robust sign?

     

    Or McDonalds sales are slipping? But it is the same cry for only 4 years now. A blip of time that have chest pounders coming out of the woodwork. I bought my metals a long time ago and I am glad I did.

     

    Had I wanted more exposure to silver I would have bought when it broke below $20 bucks announce. You are on record stating a 20% correction is coming but have you seen it ?

     

    In fact didn't you mention you have an investor about 6 months ago who wanted to invest 250k and you told him not yet? So please do not play both sides of the argument. Had you invested that guys money and you say bring it on he would be worth way more , correct?

     

    So why the hesitation? My guess is you are waiting on what move the fed makes. So I won't debate people who believe the FED had nothing to do with the stock market going up by artificially toying with interest rates, buying toxic assets, and now having no agreement when to stop, if they ever can!!

     

    Some need to take the blinders off!!!
    17 Aug 2013, 12:29 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Please read the posts on the bog here to get an accurate picture of my stance on the markets.

     

    Your disdain & predictions of market weakness started around S & P 1500 , then more rhetoric @ 1600 , now 1700. In fact they go back to late last fall, when the market was about to take off. If we get a correction, of any magnitude , my guess is that u will claim victory, a true bear attribute. Or maybe this rhetoric will continue to S & P 2000.

     

    I invest when i believe i see proper entry points on stocks. It has nothing to do with the fed, other than to watch those that will provide opportunities when they decide to sell.

     

    The investor i mentioned wasn't 6 months ago it was just before all time highs, maybe 2 months. Would u take someone's money who has had no exposure to the market , has had no gains from this advance and decide to dump it in at that time ? Please !

     

    Going back to the Fed , there will be the usual hysteria that may play out on the equity market If/When they taper, but it will have little or NO effect on the bottom line of corporations. Going form 85 B to 60 B isn't going to change the sales of McDonald's.& the like. . Those insinuations are ridiculous. its more of the "Fed has created an illusion" nonsense that is "THE" answer the bears have for everything. Therefore its ludicrous to debate.

     

    "South" tried it ,provided paragraph after paragraph of facts , that were conveniently dismissed. It is the bears that have the "blinders" on.

     

    I'm glad u brought up the fact that u bought you precious metals , a while ago,good for you. So let me bring up (GE) purchased @ 6, BAC purchased at 7, INTC was purchased @ 12, want more.?

     

    Yes its hard to believe but those that have been involved in the market have bought things cheap also.. People that bought the PMs cheap watched them rise and now see them in a bear market have violated principle rules of investing , harvest profits, cut losses, practice risk management.. Yet they are quick to say we are going to lose all those gains when the market crashes, How Hypocritical !

     

    Funny about the "blinder" statement, it seem those that have missed the entire rally & fret over it have had the blinders on , & the longer they stay on regarding the equity market , the worse off they will be .

     

    I'm still waiting to hear form anyone that wants to talk about the fed and how much QE has affected the sales, earnings of corporations.
    Show me how & where the bottom line was affected in dollars & cents. I'm waiting to see hard evidence other than the " its fed induced"
    17 Aug 2013, 02:16 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    "So let me bring up (GE) purchased @ 6, (BAC) was purchased at 7, (INTC) was purchased @ 12, want more.?Yes its hard to believe but those that have been involved in the market have bought things cheap also.."

     

    F&G,

     

    I don't know about anyone else in here but a list of your successes, while impressive is from the past. I would more than welcome your suggestions of what to grab now which in 5-10 years will be on your list next to GE, BAC and INTC. What are today's good buys for nice results down the line? I am in my "real" portfolio for at least 8 more years before I take anything. I'd love to know now what the good ones at $6-12 are if you have a suggestion or two.

     

    As you already know I am into silver and that will stay in place but I am wide open to suggestion with the rest of my IRA. BDCs have sparked some interest in me but what I would really like is a company stock or two, priced below $20 that has good potential over the next 5-10 years and if possible, yields a decent dividend as well. I would re-invest those dividends back into more of the same stock for a few years.

     

    I am impressed with your past triumphs but would appreciate a couple for the future if you have one or two you are willing to share.

     

    ROS
    17 Aug 2013, 02:27 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    ROS,

     

    That list of successes , was used to illustrate the point regarding IT's purchase of PM's "cheap" .. Please do not take it out of context. It was not intended to try & impress anyone. Those examples may be once in a lifetime as they were bought during the "crisis"

     

    I have commentary on a blog here on SA with the stocks that i own , and favor fro one reason or another. One of my favorites is one that we clashed on a while ago , (QCOM) , i recently wrote it up and own it, It was added to clients portfolios on the recent weakness @ 59 .

     

    I don't recommend anything I don't own, Another is (CSCO), I will add commentary on that in a few days ,I stated here if it continues to sell off it should be bought, Low 20's . IMO its a $30+ stock in '14
    17 Aug 2013, 02:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    Do you honestly think people are going to believe after the crash you actually loaded up on those cheap stocks?

     

    ROS is correct. List out your next group of winners for all of us. Nothing is taken out of context. You have no idea what I will say WHEN the markets collapse. I don't have an ego or clients to worry about. I just worry about my future. I also worry about my daughter's future.

     

    Seems as soon as I asked TACK this same question about his 20% return he headed to the exits. I honestly value your opinions and although I do not agree long term in them short term you are the winner.

     

    I am planning where we might be economically in 7 years, how about all those entitlements? If they end what happens? Food stamps for almost 50 million people? I feel then stocks will be effected. I am not gold bug, but I have no faith long term in stocks yet. Higher interest rates are now happening. Traders move on every FED word. Now are you telling me you know more then they do?

     

    But if you feel the FED had nothing to do with the market rise then why did Japan's market suddenly jump to the moon when they instituted QE'S >>

     

    You bet on your trade we are in a bear gold market, that at $1400 it will reverse. If you felt that way why didn't you wait until gold hit $1400 to open that trade? Let's see where we are in a year or two. You may be right and I may be wrong. But if you really don't think the FED had any influence in the markets going up with cheap money to invest with then I don't know what to say !

     

    Very easy to gloat now, let's see how you feel when the markets start dropping and your clients are emailing you !! I sense the FED are starting to split on what to do. They are now in panic mode!

     

    Funny, you have been calling for a correction but brag about being 3% from the all time high. So which is it, a correction or a bull market

     

    Tom Luongo tried to engage you in a conversation , why did you back off? I was really looking for information from both of you.
    17 Aug 2013, 07:00 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    IT,

     

    Your rant is laughable & absurd. You can gloat on your gold purchase , keep reminding all that u bought in at lower prices while gold is down 20% this year so u are doing ok, U are fooling no one but yourself. My examples were to show that participants in the market also bought at lower prices .

     

    Tom Luongo has the same rhetoric as all of the frustrated bears . If he starts with the same BS "its fed induced" , there is no need for further discussion with him..

     

    Read my blog commentary , my record is there and is transparent.

     

    To state that those that have invested in stocks and are bullish have “blinders” on is insulting .

     

    No one has to follow my views on the market, you can do what u wish. However, I don’t have to accept the attempt to criticize and question integrity (“cant have it both ways” BS and your latest rant) , from someone that has been completely wrong on the markets.

     

    Maybe the folks need to go back , look up your commentary , the incorrect calls on the market are there, Now if the market drops u want to claim victory ?

     

    Your criticism of all that have been here and have made correct calls on the markets is a joke. If they dont agree with your "fed Induced" agenda they are wrong,, I suggest it is just the opposite, they were right and your 'agenda has been and wil continue to be "wrong"

     

    17 Aug 2013, 07:18 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I've had my pre-'64 silver coins since before I was 18, so I have a cost of essentially zero dollars. I used to get silver dollars off of uncles when I was a kid (just for asking - no services were rendered.) :) So I will always have a built in profit on my silver. :)
    17 Aug 2013, 07:52 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    Do you see me claiming a victory? You consider Tom's opinion a rant as well.?

     

    Good for you. You have to answer to your clients, not me. We shall see who is absurd won't we?

     

    So you can insulting but no one else can?

     

    Come'on, list out those bargains we should be buying if were in a bull market as you claim. Don't say you are transparent. List them out !

     

    Until I see what you are recommending I have no clue. ROS asked you for a list and you avoided it. Now I am asking you as well.

     

    Let's play make believe, tell me what I should be buying? A raging bull market should not be an issue since you believe were heading north.

     

    I am waiting !! If I was insulted I would come back and prove the person wrong, prove me wrong ! Don't dance around it, list it .. PROVE ME WRONG !!
    17 Aug 2013, 08:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @JBT

     

    Those pre 64 coins are sure nice looking aren't they?
    17 Aug 2013, 08:31 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    See my challenge portfolio. Buy those. Add to those WMT, CLX, and MCD. I will guarantee you you will make money - lots of it. But, you'll need a generous time horizon. Or may be not - might happen next week.

     

    You guys are kind of arguing the same point, just from different "camps". It's all about the macro timing of events that are out of our control.
    17 Aug 2013, 08:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    Honestly, just throwing a dart was all you needed to do the last few years.

     

    Now go check my posts. I WAS invested in the market until about a year ago when I posted I was getting off the train. So I did make easy money. Again you have your facts screwed up.

     

    I may have missed out on the last run up, but until you yell SELL you might just come back down the ladder as well my friend. You can call it a rant, I call it proof.

     

    Marathon, not a sprint . Seems you are a little hot under the collar today. Emails starting to roll in? I just took your words of 3% from the top, a bull market, and am asking what to buy. Now that doesn't seem to difficult to answer is it?
    17 Aug 2013, 08:39 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT, Fear

     

    Not sure IT, why you'd question Fear's buying at the low point. A good investor would have. I personally was going to, in early 2010, but got side tracked by a big personal situation... and I'm not even very involved in the market.

     

    Fear has listed a number of his trades and recommendations. It's completely inaccurate to compare him to Tack, who's list of trades was a list of %s in different types of instruments.

     

    I'm obviously not as bullish as Fear, but not as bearish as IT. But I don't see where it's a contest on a personal level. It's just debates about actual facts... and we can each conclude what we do from them!
    17 Aug 2013, 08:47 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ JohnBin

     

    That's cool! I wish :).
    17 Aug 2013, 08:49 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    Chill. Stop trying to call anyone out. ...Fear HAS given suggestions before. And started his blog to be transparent. So it's completely unfair to call it dancing here.

     

    :-)
    17 Aug 2013, 08:52 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ John

     

    "You guys are kind of arguing the same point,"

     

    What point is that? I'm missing it.
    17 Aug 2013, 08:53 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Yes I know we will lose it all. That's the other nonsense trumpeted by the bears. We have gains but when it crashes we will lose it all . Is there a school that teaches this nonsense. ? A sitcom should have such good lines.

     

    Any fed induced 'facts" about earnings for me as requested. ?

     

    What part of my blog comments don't u understand? market commentary & the selections are there and are transparent. my holdings are there as well. haven t u read my commentary here about what i have been doing ? or too distracted by the fed.

     

    please post your commentary from last november.. should I ? It couldn't be more wrong, now u want to call me out ?

     

    sorry i don't support your "agenda"---- post some facts before u want a debate . don't hide behind rants of "show me" when all those that have shown u , have been dismissed by you ....

     

    17 Aug 2013, 09:03 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » "Not sure IT, why you'd question Fear's buying at the low point. A good investor would have"

     

    Really , I know plenty who were more concerned about their retirement money then buying more back then. People didn't even open up their statements. They were sick to their stomachs.

     

    So in hindsight sure it looks like they made a mistake, for now.

     

    Oh, and please do not tell me when to chill either. I don't care for it. I will comment whenever I like .Everyone else seems to. If you don't care for my comments please pass over them.
    17 Aug 2013, 09:07 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Curls,

     

    What I'm getting from it is there is a good time to buy everything, be it PM's or stocks. Sometimes, by skill or happenstance, you get lucky, at least for a point in time.

     

    I guaranteed a money making portfolio... As a matter of fact, I'd bet my life on it. But notice - I did not put a timeframe on it. I am currently 'wrong', but there will be a time in the future when I am 'right'. Count on it.

     

    The rest of the stuff (bravado, bristling, etc.) I've been ignoring.
    17 Aug 2013, 09:17 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » JBT

     

    I FULLY understand what you plan is. So maybe you can answer this for me. Say a person has less then a 10 year time horizon. Some lurkers sold after they lost their shirts a few years ago and will be retiring in 5 to 10 years.

     

    Any ideas as they are scared ..
    17 Aug 2013, 09:20 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    If we're talking 5-10 years, I'd stand by my guarantee over that timeframe. 5 years, you will be in the money. 10 years, you will be in the money.

     

    With the stocks in question, you just hold them. Through corrections, through 'raptures', through everything.

     

    People lost their shirts because they got scared. There is nothing that forces you to sell, no matter what the market is doing at a given point in time.
    17 Aug 2013, 09:30 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    IT,
    Im not talking about 4 years ago , I'm referring to the last quarter of '12 !!! its not hindsight , it was good research & judgment ,and it was dismissed then, by the bears. remember sequestration, debt ceiling , tax hikes, how they were going to take the market down ? Remember your commentary ?
    it was the liftoff to record highs. How the bears got it so wrong is beyond belief. Wartch as the market corrects how the bears will come out & claim vistory.. It will be fun to watch

     

    pull your comments from the last 7 % correction we just had, -wanna read them , ??? "markets falling apart, its not just a "correction", " fed has no answers " on & On.

     

    The reference i made to those stock buys was in direct comparison to your statements of buying gold at low levels . I then stated on the next post not to take them out of context.
    U dont have to take my or anyone elses advice, but u certainly cant call someone out after the agenda you subscribe to has been so wrong.
    I put things out there for all to see. I personally own any stock i recommend.. Check out my holdings.. Know of anyone else that does that ?
    produce facts for me, not fiction or fairy tales. ..
    17 Aug 2013, 09:32 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ John

     

    Ah, yes, the ... eventually the market goes up... How very true!

     

    ...unless the end of the world comes :-). Then I'm moving in with my cousins in the country and growing my own food.

     

    It's that trick of figuring out how to get lucky on timing -- that I'm trying to learn!! :).
    17 Aug 2013, 09:34 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    The last wiseguy that called me out and got personal was Maverick trader , right here on this blog, check out the commentary,

     

    He was embarrassed & buried after i showed him links to show my transparency , he apologized and moved on ..
    17 Aug 2013, 09:38 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    I'd wait through this fall season.... market will "most likely" go down.

     

    Then get back in at the point when it's all doom and gloom. Meanwhile - and this is what I'm up to -- learn, and learn. So when you do in, you can pick better for your own goals. There are stocks that will most likely do better than others. Sectors that will do better. It's important too to be able to identify higher riskier moves that sound good... to avoid them.

     

    So they'll have missed out on the climb in between, but still be able to get in on a climb.

     

    A key though, is to watch and see if the down slide turns into a bull again... and it's time to get in sooner rather than later.
    17 Aug 2013, 09:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @CURLS

     

    You don't try to time a market, you dollar cost average...No one times the market, no one !!
    17 Aug 2013, 09:40 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Curls,

     

    My point was, there's really no timing to it. Pick ANY time, and pick the right stocks, and over the course of time, you will do well. ALL of my stocks are on auto-pilot. All of them re-invest dividends - I don't pool the money, etc. - just blind re-investment. Three I invest in are monthly bank withdrawals and I don't even get to pick the exact date or price that the purchase gets executed at. I am THAT sure of the stocks I invest in.

     

    Somewhere in my recent comment history I listed everything I own, and the 4 year performance. That's beginning to present. Not a loser in the bunch, and I don't anticipate that changing. I'd buy more of any of them at any time, and expect to make money. Not necessarily tomorrow, but before I sell it.

     

    I have too much stuff in life to stress about. I do not want my investments to add to that list. ;)
    17 Aug 2013, 09:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    You make it sound like the game is over. Yes, I do remember the 7% correction and I still stand by my prediction a major market correction is coming. Has it started 2 weeks ago? We shall see.

     

    But as a professional calling your picks a few months ago winners is kinda early don't you think? Since you also say a correction is coming. I am confused ??

     

    Your call on gold falling to 1k doesn't look so good does it? Now lets talk about that hard work. Again I will ask if you thought gold could hit $1400 bucks then retrace to their lows again why didn't you wait?

     

    Now are you saying gold will still fall to 1k? I can pull out your comments as well. Short covering is what you are calling it? OK.

     

    Hard to admit you might be wrong? I did if I am and posted it already. Now I really want to go enjoy the rest of the weekend.
    17 Aug 2013, 09:51 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    No one times the market perfectly. But yes, people do sometimes time it reasonably well over time. Yes, dollar cost average to enter. But my point wasn't to jump in all at once... you're going to a side topic. My point was, my suggestion was... we're entering a downturn period. Wait it out, then finally there'll be an opportunity to get back in and take advantage of the market's ability to give gains again.

     

    If you disagree with my idea, that's fine. But then post what you disagree with and what your plan would be.

     

    Or what we've done before in the blog is to each just suggest our own ideas ... I've wound up liking other people's and learning from them...!
    17 Aug 2013, 09:53 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I would be of the opinion that during downturns is the BEST time to average in, if you have the means. If life would stop happening, I'd build up a little slush fund just for that scenario. Thankfully life keeps happening. I'll drib-and-drab into the market when I have spare cash.
    17 Aug 2013, 10:11 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @CURLS

     

    Where did I say jump in all at once?

     

    All I said was dollar cost in and buy whenever you want to start. I just don't get these posts tonight. Maybe it is my wording.

     

    Don't go by my plan. I am out and waiting ! I did post that a year ago...

     

    I DIDN'T EVEN DRINK !!
    17 Aug 2013, 10:14 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    By you're saying "dollar cost average" you were implying that -I- was saying "jump in all at once." Which I wasn't thinking.

     

    Well if you haven't had a drink... maybe you should... maybe then we'll understand each other better tonight!! Lol. What kind do you want? Beer, wine, ...or my thing is the sweet mixed kinds.
    17 Aug 2013, 10:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @CURLS

     

    You forgot? Bloody Mary with olives??

     

    Maybe you should join me??
    17 Aug 2013, 10:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » JBN

     

    Like this blog being stressful? It is getting to me to be honest.

     

    At least my JETS looked good tonight !
    17 Aug 2013, 10:30 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I'm drinking tonight. :) My usual - cheap light beer. Late dinner, too. We'll be having ribs, sweet corn and mac & cheese in about 20 minutes. :)
    17 Aug 2013, 10:32 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Good enough F&G. Thanks for the info and I will check out your blog.
    17 Aug 2013, 10:35 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ IT

     

    I DID forget. Shameful. I'm going to go have soup instead. I'll join you later ....
    17 Aug 2013, 10:36 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    JB

     

    Yum
    17 Aug 2013, 10:37 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    more rant ,

     

    no fact , just more fiction more twisting of words, more fairy tales..
    17 Aug 2013, 10:38 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ JB

     

    Yes, during downturns is a good time. Though I'm trying to time a bit, by waiting till it's down more.... and maybe not even get in until it's started upward.

     

    I really like Stan Weinstein's book on timing... to waiting till the breakout upward. It's hard to spot... but the ideas can still be generally applied less perfectly... so rather than starting to dollar cost in right now, I'd tend to wait till a little dust has settled.

     

    Also important, is to keep an open mind that if the market moves differently than your plan (in this case my plan)... to have a plan to deal with that too! And not just sit tight a'waiting for what's not going to happen after all.
    17 Aug 2013, 10:45 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @JBT

     

    No Remen noodles tonight?

     

    After all these posts I need a stiff one myself!
    17 Aug 2013, 10:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    Have a good weekend.!! I am burnt out my fingers hurt.
    17 Aug 2013, 10:58 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @ROS

     

    You order the DR'S book yet?
    17 Aug 2013, 10:59 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Your fiat money will be worth less. Better buy some silver at these prices..

     

    You do know what inflation is:)

     

    Please don't say we don't have it now...Even your Wall Mart has it.. lol Just check the ounces and notice how it is getting smaller and the price going up?

     

    This is just the start. God forbid we get deflation then what do you think the markets will do. Just check the portfolio challenge for all those who are buying and holding. Now lets see where we are at the end of the calendar year.

     

    But I believe everything and every number our good ole boys spit out .
    16 Aug 2013, 07:34 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    I covered food inflation in another article. Ramen is still 10 for a dollar, loaf of bread is still $1.18. I deal with food inflation by shopping smarter. :) Takes some work, but if there's one thing I'm not afraid of its a little work. :)
    16 Aug 2013, 07:40 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » Ramen is still considered food?

     

    Was it ever?

     

    Plus I am picky about my bread. I don't care for that green stuff that grows on it and they slap that MANAGERS SPECIAL label on it >>
    16 Aug 2013, 07:47 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Still tastes good. ;)
    16 Aug 2013, 07:54 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » You southern boys will eat anything !! :)

     

    My Anniversary is Sunday, I guess well have Irish bread ( green stuff) and Ramen noodles !!

     

    Then that bacon ( still missing cats up north) I read you posted in the other article on a horse burger , I mean a hamburger.....

     

    Maybe have some shrimp from the Gulf that are now 3x their normal size. Ever wonder where all that oil went? People just seem to forget too quickly !!
    16 Aug 2013, 08:01 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Our anniversary was on the 7th. I made shrimp scampi, actually. Gulf shrimp are too spendy (they sell them fresh at a roadside stand by us all summer) - I used cocktail shrimp from one of those shrimp rings (I think they come from the Philippines or something). The linguine was Walmart branded, and was $1.00 for a pound package (only used half). Also some snow crab (from Nova Scotia) - that was only $5.99/lb (on sale @ Kroger, plus we got our store card savings!) Day-old garlic bread (also from Walmart - $1.68 for the whole loaf!) The butter was probably the most expensive part of the meal - it was $2.98/lb.!

     

    Anniversary dinner for under $20.00. And it wasn't even dog food.

     

    (I keep receipts for potential tax write-offs...)
    16 Aug 2013, 08:17 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @JBT

     

    Happy belated anniversary. Getting ready to watch my Jets ! Over/under on Sanchez throwing a pic in first half in 60% yes !

     

    Packers fan huh? Well at least you can score during the season. Playoffs been pretty tough though.

     

    I do like thrifty shopping as I am also a coupon person who could care less what people think. If they offer it I will take it!
    17 Aug 2013, 07:18 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Yeah, I know - can't wait 'til the regular season. I noticed they were the only team that scored a goose egg in week 1. :( Rodgers looked good, though. I'll be watching them tonight, and hope to find a good internet broadcast of it.

     

    We don't coupon as often as we should, but in the past when we tried we found ourselves buying stuff just because there was a coupon. Sales ads, though, we shop the heck out of those.

     

    Happy anniversary-eve. Treat your woman right - they are priceless commodities. ;)
    17 Aug 2013, 07:48 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I still have a very hard time paying $6 above the spot price for an ounce of silver. How long will it take to break even? You buy now at $28 an ounce... that is just tough to do. I know if silver races up through the 30s, 40s and 50s the extra 6 bucks will not seem all too bad then but who knows if or when that happens? Buying an ounce of silver at $6 above its real value is like walking in quicksand to me, especially when you can get into silver other ways and not pay that premium. I get that SLV may be risky... but that may not even be true. After careful consideration and research I found PSLV and for me investing in that makes more sense and gives me better "bang" for my investment buck. I really hate that $6 premium. I was able to live with it when my coin store guy was charging $3 but $6 just doesn't cut it. If I had the cash to buy in bulk, then and only then would I do it as I would think there are online sources selling for much better than $6 above spot at least when buying a bunch of silver at once. I just don't have the luxury to buy it in bulk. So, PSLV is my option and that's the way I am going with silver for now.

     

    I am also starting to like that NUGT and once the doc clears things up and offers a blog that explains his process, I may work with that for a bit too. That doesn't cost me $6 per ounce above spot either.

     

    By the way, Happy Anniversary IT !!!
    16 Aug 2013, 08:11 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Apmex is also a good place. $1.19 over spot.
    16 Aug 2013, 08:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @ROS

     

    Thanks, Just be careful with those 3x leveraged plays. Just look at my trades in the challenge. I tried it and I lost. I learned my lesson. Now will you pay 90 bucks a quarter for someone to give you the info you are looking for?

     

    http://bit.ly/1deOKXb

     

    LOOK at what Gainesville is charging? No where near $6 bucks..
    16 Aug 2013, 08:21 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Interesting and good to know. Wish my boy up the street charged a bit less. Its nice to go into the store and buy 1, 2, 3 or 20 at a time and carry them out. For now, and with limited cash at the moment I am content working with PSLV.
    16 Aug 2013, 10:51 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    On that selling puts idea -- that works in sideways markets. If the market goes down, you wind up holding the stock at a higher price than the market and having to wait for it to come back up?

     

    (Hence buying what you don't mind having anyway)?

     

    ------
    Another idea:

     

    I was thinking about if you can buy right before ex-dividend date, then sell out. But with the price move down the amount of the dividend, you'd have to do it all in an upbeat mood market to avoid it never coming back up...?
    16 Aug 2013, 10:12 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3816) | Send Message
     
    Curls,

     

    That's actually a trading strategy (buying before ex-div, then selling immediately after). Someone on SA used to (maybe still does) post every month(?) (may have been weekly - can't remember) stocks that were about to go ex-div.

     

    I'd tend to agree with you - I'd guess that would only work well when markets are trending up or in an upbeat mood.

     

    Not my cup of tea, though.
    16 Aug 2013, 10:39 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2538) | Send Message
     
    What makes the most sense to me is to find a nice long term stock with more than average volatility that you like and are familiar with, buy a few hundred shares and then look to incrementally buy some deep in the the money LEAPS on dips and then either write some puts to increase your position or some out of the money calls for income to buy shrimp dinners on news induced fluctuations.

     

    It's not an approach for everyone, the choice of method depends on your own interests and comfort level.

     

    It is important I think to find an approach that works for your own personality and situation.
    17 Aug 2013, 01:27 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ Economist

     

    Sounds good. But I can't figure out what you said :). Okay, nice long term stock. I can find one of those. Then deep in the money Leaps. I'll have to look up those. Bought on dips, then puts or out of money calls for income.

     

    If you get a chance, can you give an example? But... I'm putting in on my list of things to think through! I'm figuring the down move can be a while, and i'd like to make something off my money in that time!!

     

    Is this heavily dependent on timing correctly, or you lose big?
    17 Aug 2013, 08:58 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    A-hem...cough... cough... (clearing throat).....

     

    ORDER (gavel banging once, twice, three times) ORDER I SAID!!!!!
    Hello people. This is ROS, you know, the guy who caused trouble in here a few weeks back. Do I actually stand here now as a voice of reason and a peace-maker????

     

    I came in here tonight looking for a few updates and I get 32 posts, most of which represent elevated anger between IT and F&G. Let me say this.... STOP !!!! I think both of you bring a lot to the forum. I happen to like some of the opinions each of you have offered and don't necessarily agree with a few of each too. In the end the purpose here is to learn, not to fight or insult. I learned that, sat in the corner and was forgiven. Now I ask that you two chill out. I do not wish to see such confrontation. Its not a bad thing to call the other guy out on past predictions but neither of you represent the law of the land and neither of you are infallible.
    We all learn from other posts and even arguments but once they elevate to what is clearly anger, then we lose the benefit of the exchange.
    IT and Fear... it is time that you agree to disagree. IT, as much as I respect your input and opinions on so many things, I agree that you wrap your head around the FED and how a few words from them will turn the market on it's head. I think you give them a bit too much credit. Yes, we get one or two day sharp moves when that circus issues a speech but it is usually short term and then the market seems to settle, if not rebound to where it was before clowns spoke.
    Fear, you indeed listed three stocks in the context that you were right about them when they were priced much lower so you are one to be listened to. I am ready to listen and asked if you had any new low priced suggestions. All of that was in plain English so there is no turning my words or yours around to mean anything other than what they clearly do mean.
    I do not question that you did indeed pick those three, way back when, even though I could not possibly prove that to be true or false but if true then you clearly have good instincts and since you are a professional in the field I merely ask for a few suggestions today. Are there any stocks $20 or below that you favor today the same way you favored those three winners back then. No one can offer a sure winner but you can offer your professional experience and opinion. Telling me QCOM is one does not qualify as it is priced three times higher than I want to spend and about 8-10 times more than the three winners you had picked a while back which you listed for us.
    Are there any $20 or less that you would put in that same category? Stocks that have serious potential over the next 5-10 years like those others did? If not, so be it but just offer a few suggestions or simply say "no, I don't have any at this time."
    Now, both of you need to chill. Good night and have a pleasant tomorrow.
    17 Aug 2013, 11:03 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » @ROS

     

    You wearing a robe??
    17 Aug 2013, 11:22 PM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    ROS,
    The only one I am watching right now that would fall into that $20 category is (INTC) it closed at $21.92 Friday. And, has had some more down grades since, which I do not understand??? Here are a few reasons why:
    1) (http://bit.ly/nRmQqE) "bad" quarter was on revenues of $52 billion, with profit margins of 18%.
    2) INTC has $17.4 billion in cash and only $13.6 billion in total debt.
    3) At Friday's closing price INTC is now at a P/E of 11.84 and has a dividend of over 4%.

     

    Because it didn't give the guidance the analysts wanted to hear they have been dumping the ratings on the stock. I will keep buying lots of 100 shares as the stock price keeps going down and my other stocks get too pricey, 100 shares of my ADM for example got called today for my strike price of $37. So I plan on buying 100 INTC Monday with the proceeds. Now that (http://bit.ly/RlQg1t) has a P/E over 20 I am glad to lock in the profit and move on to something else. Which in this case will be (http://bit.ly/nRmQqE).

     

    Another you might want to look at is (http://bit.ly/NXYZC6) which has paid a dividend for 32 consecutive years. It closed Friday at $14.79. Though it's recent rise has made it kind of pricey in my book at a 18 P/E. Plus, it just recently hit a 52 week high of 15.08 ( 52 week low was 8.53). But, if you are buying to hold for 5-10 years it is a good stock that pays dividends consistently. If you are looking to make covered calls ORI won't be a very good buy because of it's low volatility (Beta of .69) and it usually doesn't trade more than 10K shares a day.

     

    Another you might want to put on your watch list is (GE) it was in the $20 trading range last Nov with the sequester debacle..

     

    Hope that helps.
    17 Aug 2013, 11:42 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    @ROS
    You wearing a robe??

     

    Just trying to spread good will among men
    LOL :-)
    18 Aug 2013, 12:50 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    @Notrub

     

    Thanks for your suggestion. I have always kept an eye on INTC and agree that it has plenty of upside potential in the coming years. it is one that I have already put on my list of serious considerations. Your post just adds one more check mark in the favorable column for that one. Thanks again.

     

    ROS
    18 Aug 2013, 01:17 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    ROS,
    The selections that others have put forth, (INTC), (http://bit.ly/xxGpuS) are excellent choices and are staples in any LT portfolio. Good yields and both will be increasing dividends in the future. FWIW, I own both. I just wrote commentary on (http://bit.ly/xxGpuS) , if u haven’t seen it, it’s here : http://bit.ly/12fZ4JW

     

    I believe u can get both of those a bit cheaper if u want to wait as the market weakness plays out. Nibbling here for LT is certainly not a bad way to go. Trying to pick the exact bottom on entry points is difficult if not impossible.
    I think you understand that I can be bullish for the long term ( I go out 1 yr at a time with my LT analysis) but expect corrections along the way to take advantage of better entry points on selections. I don’t throw caution to the wind and just buy indiscriminately as I mentioned here : http://bit.ly/1ccow9P

     

    I read your reply, explaining your rationale regarding your “$20 stock price”.
    You understand the “percentage” aspect of gains and you are correct its really a psychological thing about a cheaper stock price. So I would suggest that you keep an open mind about higher priced stocks. If you take your AAPl example owning 10 shares of AAPL @ 390 has shown a nice 28% gain at present prices. so $3900 has turned into $5000 in the last 2 months. Before it is taken out of context, I’m not suggesting this is to be expected every time , but it does illustrate how quickly a high priced stock can move. Its not EZ for a $20 stock to move to 25 .
    Looking over my holdings for stock at or under $20 , I would add BAC around 14 or so here as an undervalued turnaround story that has a chance to double from here . However, my favorite in the bank sector is JPM currently 53, it pays a nice 3+% dividend and is a core holding. I also want to add at cheaper prices.

     

    Your question prompted me to go over my list of holdings that I have posted here on SA and highlight my favorites in each sector. I will update that list later today.

     

    After you have assembled a core portfolio, there are always “lottery” type picks (using “southgents” analogy) that have a chance to really appreciate but contain extra risk. One that I own is FB , IF things play out as i believe they might, it can easily double from here, (currently 37) . And if the story really plays out it “can” be another AAPL or GOOG. I started to accumulate in the mid 20’S (its posted in the blog) . Of course it has the chance to “blow up” and must be monitored very closely. Its a great example of a risk/reward story.

     

    One that also comes to mind is NUAN @ 19 , I don't own yet, it too has potential for big gains, Carl Icahn has a huge stake in the company . Earnings have not materialized and to date have been disappointing. It is a leader in the voice recognition technology. I will post if i decide to enter a position. Im stil undecided.
    I mention these types of situations as examples, AFTER you assemble a core.

     

    Each situation and the market as a whole is an evolving situation and has to be monitored. - Some holdings more than others. I do not to view any situation as a passive investment that can be added & forgotten.

     

    For everyone:
    I post the links to my blog commentary for information, I’m not here to “sell” anything , including my ideas or views on the market. Each can pursue the direction they choose with their investments. I simply decided to start my commentary there to have a “record” of my views and selection. I view it as a learning experience for me to look back & see exactly how my decisions have worked out. So far I am glad that I have done so as it serves to show my approach to anyone that intends to question what I have stated.

     

    The recent commentary questioning my integrity and mentioning personal issues , is uncalled for, and as stated, is insulting. It was met with the same insulting manner in which it was handed out.

     

    That commentary is insulting to all that have decided to buy stocks & maintain an equity portfolio to grow their wealth over time.

     

    In the context of being transparent , I will post my views on the market in my blog. and will have commentary on (V), an outstanding LT pick for 2014.
    18 Aug 2013, 11:36 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    "For everyone:
    I post the links to my blog commentary for information, I’m not here to “sell” anything , including my ideas or views on the market. Each can pursue the direction they choose with their investments. I simply decided to start my commentary there to have a “record” of my views and selection. I view it as a learning experience for me to look back & see exactly how my decisions have worked out. So far I am glad that I have done so as it serves to show my approach to anyone that intends to question what I have stated.

     

    The recent commentary questioning my integrity and mentioning personal issues , is uncalled for, and as stated, is insulting. It was met with the same insulting manner in which it was handed out.

     

    That commentary is insulting to all that have decided to buy stocks & maintain an equity portfolio to grow their wealth over time"

     

    Where is this comment? I tried looking for it to remove it but I do not see it?
    18 Aug 2013, 12:11 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Some recent commentary.

     

    @FEAR
    Do you honestly think people are going to believe after the crash you actually loaded up on those cheap stocks?

     

    Seems as soon as I asked TACK this same question about his 20% return he headed to the exits. I honestly value your opinions and although I do not agree long term in them short term you are the winner

     

    Very easy to gloat now, let's see how you feel when the markets start dropping and your clients are emailing you !! I sense the FED are starting to split on what to do. They are now in panic mode!.

     

    Funny, you have been calling for a correction but brag about being 3% from the all time high. So which is it, a correction or a bull market

     

    Tom Luongo tried to engage you in a conversation , why did you back off? I was really looking for information from both of you.

     

    Good for you. You have to answer to your clients, not me. We shall see who is absurd won't we?

     

    Come'on, list out those bargains we should be buying if were in a bull market as you claim. Don't say you are transparent. List them out !

     

    Until I see what you are recommending I have no clue. ROS asked you for a list and you avoided it. Now I am asking you as well.

     

    Let's play make believe, tell me what I should be buying? A raging bull market should not be an issue since you believe were heading north.

     

    I am waiting !! If I was insulted I would come back and prove the person wrong, prove me wrong ! Don't dance around it, list it .. PROVE ME WRONG !!

     

    IT,
    I am still waiting to hear "facts " to support your market views.
    You don't wish to hear of my past purchases, i don't wish to hear about your past in the gold market, Like u said its past history..

     

    I have laid out my case for equities,, lay out your case for everyone here for buying gold at these levels. Do u have a price target for end of year or maybe 2014. ?
    Bring forth facts to support your case, & before u ask my gold trade is still posted on my blog and will be updated as necessary.
    18 Aug 2013, 12:48 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    Find one post where I have said to BUY gold at this price. Now I am putting this baby to rest because I have better things to do then sit here going back and forth with you.

     

    I thought someone made a comment that you are using this thread to push for people to use you as an Advisor. YOU made that comment, not me. I was merely going to remove it then you go on a rant .

     

    Enough already. My brief overview is we are heading for a major correction. You state were in a bull market. Now just stop this nonsense of reposting what I said or others have. You state gold will retreat to it's lows and I say it will go higher. What else do you need from me before I stop ??

     

    Geez, some just can't stop. I really don't want to argue. So I will not comment on your posts. Others can see and do what they feel.

     

    Good luck with your investments!
    18 Aug 2013, 01:20 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    IT,
    i'll state for the record then leave it at that, thats exactly the point , u are quick to dismiss differing viewpoints first Tack , then South now me but you wont defend your strong beliefs on the PM markets, by telling us where you would buy gold.. If its now please let us know. . However you are quick to highlight, "call me out" & condemn my posts on gold. I have been forthright & stated my reasons. Ask me what stocks to buy NOW, but offer no opinion as to what price we should buy Gold at.

     

    go back & look at your comment that started this nonsense.

     

    I simply walked away from a confrontation, with Tom, to avoid nonsense here on this blog, you then chimed in and challenged me to support my views.

     

    It escalated and got personal, don't bring "client" into this , I offered that to put things in perspective , it was a bad choice on my part . Now u want to highlight that.

     

    Again you twist to your gratification, I stated that we are in a secular bull market that will experience corrections.

     

    Anyway for those that are interested , i maintain my transparency in the blog here on SA.

     

    I agree it is time to stop , Its non productive ---

     

    Live long & prosper.
    18 Aug 2013, 02:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » FEAR

     

    You had to add that now I attacked SOUTH?

     

    Look, I am done with this nonsense. If you feel I started it then I will apologize. No need for people to read this garbage.

     

    So a group hug?
    18 Aug 2013, 03:37 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    IT,
    I expressed my wishes for you to live long & prosper,

     

    If I feel i can add or attempt to help others, I will do so, we can leave it at that.
    18 Aug 2013, 03:39 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ ROS

     

    Why $20 or less? I don't look at stock price. Just divide my dollars by the price to get share count to buy. I've noticed % movement is the measure and isn't effected by discrete share price. Well, except google's $900/share did give me pause.

     

    So there a logic to your $20 target, to share?
    17 Aug 2013, 11:12 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    @CURLS,

     

    I suppose it is somewhat psychological but also financially logical. If I have $1000, I can buy 2 shares of APPL, about 9 shares of COST and roughly 45 of INTC to use a recent suggestion. Looking at the movement of those three stocks over time I get the feeling I am likely to benefit more from 45 INTC than single digits of the others. Of course its not always true but while it really comes down to percentage gain and not raw dollar amounts, lower priced stocks need only jump a couple bucks to result in large percentage gains. A $100 stock that goes up or down a couple or few bucks has little impact on one's bottom line.
    There are two stocks so far around $20 that have peaked my interest and are stocks I believe can move significantly to the upside in the next 5-10 years.... INTC and CSCO. I like the prices and the potential. If either of those jump to $30 and I have say 1000 shares, then I gain $7,000 but if I have $30,000 of APPL (70 shares) , I need a jump of $100 per share to yield that same profit. I realize APPL has been all over the place but I am not all that confident it will break $500 any time soon and in fact unless things start picking up fast over there the stock may drop below $400. In contrast, I see INTC and CSCO as both on the upside with endless potential in the next 5-10 years.
    Like I said, there is a bit of psychology of prices in play here for me. I just like having more of a good moderately priced stock than less of big name company that may or may not have hit its peak. I feel the same way about Costco. I loved it at $70 but didn't have the cash to make any significant purchase. Now that its over $100 I just don't see it as a good pick anymore.
    I know I am not throwing out a lot of stats to support my choices but it is how I have always seen it. When I see someone suggest three or four stocks and the lowest price of the group is $70+ a share I find those suggestions almost useless simply because the average middle-class investor is unlikely going to have enough available cash to invest in several stocks at those levels. I can certainly see someone with a more significant cash supply going for several of those stocks but I am not one of them so I tend to look for moderately priced stocks with good potential and I believe they are out there. Just a matter of finding them. I think I have found at least two and am strongly considering adding one or both to my portfolio (real life portfolio) in the next 6-8 weeks as funds become available.
    18 Aug 2013, 01:14 AM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    ROS,
    I read an article recently about companies trying to keep their stock prices high by not using splits:

     

    http://on.mktw.net/15W...

     

    When I first started investing in the 1970s stocks used to split on a regular basis to keep their share price below $35 so they would be bought by retail investors (people like you and me vice funds or institutions, banks, etc.). From the article it would seem that companies are rethinking their pricing strategies as the average share price has gone from $35 to $76.

     

    According to the article the belief now seems to be that purchasers of higher price stocks are more like to hold those stocks rather than trade them???
    18 Aug 2013, 12:08 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    @notrub,
    Interesting info and thoughts. No doubt, I admit my $20 or less mindset is exactly that ... a mindset, a psychological situation. If I have $2000 to spend I guess I just like having 100 shares of a company with potential rather than 8 shares of one at $250/sh. I am not saying I will never buy a stock over $20. That would be silly but as I explained a while back, I have a set amount of money within an IRA each year that I can reallocate in October. 10% of whatever the IRA is can be reallocated. I would prefer not disclosing exactly what amount that is but lets just say its $100k to use a nice round number. Its somewhere in the neighborhood. In this example I would then have $10k per year to move around. So, I prefer not buying an AAPL or COST, but at the same time I am not necessarily looking to buy 10 different stocks each year either. It would be nice to work with a little diversity as I go along. I have to figure out what looks good at this time. What stocks are near bottom and have the potential to make a nice move in the next 5-10 years. I do not own any stocks with dividends and have learned in here and on the internet that owning stocks with dividends is a must. Now I need to figure out which ones to get. Do I go for a big name like McDonalds for instance or do I go the BDC route? I definitely confess much ignorance in this area and am anxious to learn. I want to purchase stocks long-term. As F&G stated, there is no guarantee with any stock and they must be monitored. I am ok with that but I do go into the purchases hoping for a long-term hold and of course to do well with it.
    18 Aug 2013, 02:56 PM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    ROS,
    I understand completely. I have gone through the exact same thing after my divorce back in 2001 and then having to start all over from scratch to build some kind of nest egg while I still had income coming in. I didn't have 100K a year coming in that I could invest so I had to go the DRIP (dividend reinvestment program) route putting $50-100 a month into 5 different stocks in the beginning. Fortunately one of those was (MO) which ended up splitting off into (MO), (PM) and (KRFT).
    18 Aug 2013, 03:28 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Not 100k a year. I used 100k as a general even number of my total portfolio for simplicity. I have pretty much nothing coming in annually as I am disabled and live off of whatever money comes in. The IRA, from which iIcan reallocate 10% each year is what I was referring to and again I used $100k as a nice round number for its value. So, for example, if it were $100k, I would be looking at investing $10k this fall, well, reallocating it within my IRA.
    18 Aug 2013, 03:45 PM Reply Like
  • Notrub
    , contributor
    Comments (386) | Send Message
     
    ROS,
    Ahhhh! I got it now...:o)
    18 Aug 2013, 03:58 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2538) | Send Message
     
    OK Curls, try for example XOM...assume for the moment that you are confident in the trend that oil and gas revenue will go up over the long run, say 10 years, but expect significant ups and downs between now and then.

     

    You could buy the stock now for 87.91

     

    http://bit.ly/1eTtNip

     

    Now look at the 10 Year chart, and imagine that you had already accumulated say 500 shares over time @ an average price of 70.

     

    You like the stock and its long term prospects, and think you should own 1000 shares but you really don't want to tie up too much money, so you look at the options and notice the Options going out to Jan 17 2015 and notice the 82.50's are going for 8.95 and figure its worth $895 to control another 100 shares for two years.

     

    http://bit.ly/1eTtNit

     

    I could try and walk you through the rest, but that's a start.

     

    Just keep buying in the money on dips and when the sine wave cycles up, that is a good time to think about selling some out of the money covered options that expire earlier, for instance the JAn 14 @85 could be sold for 4.85.

     

    http://bit.ly/1eTtNit

     

    Now suppose you really wouldn't mind owning 100 more shares, but you'd rather wait a while and see if you can get it at 85....hey, sell an 85 put for $242 and use that for your down payment if it dips, or just go ahead and have the Jumbo Surf & Turf for dinner if it don't.

     

    http://bit.ly/1eTtNit

     

    Its not a market timing or trading technique, its an accumulate by buying low and increasing net worth by selling high technique, which at the same time limits your downside exposure and increases your leverage and income.

     

    Wadd'ya think now?
    17 Aug 2013, 11:19 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ Economic Analyst

     

    Thanks for the detailed example!!! I've read it a few times over. Being new to options, this will take a while for me to fully grasp. It makes sense (I think). ....really cool to be able to buy on the future dips, and make money if it rises, all on a small investment.

     

    I'm going to save this, but think I need to get more experienced in general before it's a good idea for me to use it.

     

    It must have taken a while for you to get good at this! Any sites or books you'd recommend in particular? Googling - there's a lot of good stuff out there - but if anything is especially good, that's helpful to know.

     

    Thanks again! (It's been a crazy week, so it's taken me a while to get back to here.)
    21 Aug 2013, 01:25 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2538) | Send Message
     
    Hey Curls,

     

    OK good, you get the idea. I've got a busy week too, but I'll try and put some thought into it and get back with more on the subject at a later date. For now, I will only point out that options, while maligned for some who don't understand risk management, are useful when a) protecting the downside is a priority and b) when interested in using leverage to increase returns. Some might say that is all the time, but keep in mind options are useful tools, not the focus of game, so make sure you have a well thought out strategy before you start. If you have a specific market or stock you follow, you might share it with me here or by PM and I may be able to be more specific, else its only theory.
    21 Aug 2013, 08:13 AM Reply Like
  • tampat
    , contributor
    Comments (998) | Send Message
     
    How and Why This Is a Fed Induced, QE Stimulated Market

     

    I read somewhere in all these posts that someone said QE has not been responsible for the rise in stocks and hasn't effected the balance sheets of various companies and challenged anyone to show how this has occurred. Thats a misrepresentation of QE as well as its effects and shows a lack of viewing a bigger picture..

     

    First of all, QE was meant to lower interest rates, to help recapitalize the banks and to prevent deflation from setting in as during the depression of the 1930's, as well as boost confidence that the govt would not allow a collapse to occur and increase confidence so people would spend and/or invest.

     

    In theory it is hoped that lower interest rates would create more bank lending and people would spend more money to help revitalize the economy.

     

    That hasn't happened to the extent desired, though it has allowed people to refinance their debts at lower rates of interest providing them with additional money to spend.
    It has also allowed corporations to issue bonds at very low rates and pay off older higher rate debt. This helps to improve their balance sheet and increases their value and this is a direct result of the Feds policies.

     

    By keeping interest rates at such low levels it has encouraged people to invest in stocks by removing any other alternatives to see any return on investment but has forced savers to take on a risky asset. Again, another result of QE and the Feds policies.

     

    A hoped for result of QE is a rise in asset prices (stocks, houses) to make people 'feel' wealthier so they they will spend or invest more, This is the well known 'wealth effect' principal. As their savings increase through stock ownership or the rise in value of their home it is hoped they will feel wealthier or at least more confident in spending/investing more money.

     

    Another hoped for result is to make it more beneficial for corporations to expand and hire more people.

     

    It has had some mixed results. QE has not resulted in major corporate expansions and job hiring and has had mixed results pertaining to consumers spending more, nor can it force companies to expand and hire people, which for the most part they haven't done because there isn't sufficient demand.

     

    The Fed can't force banks to lend money and it can't force consumers to borrow. However, QE has resulted in reinstating confidence in the financial markets and spurring investment into stocks.

     

    It is reasonable to expect that banks have invested capital into the markets as well, capital they would not have without the Feds QE/interest rate policies.

     

    So, no, the Fed has not used QE to deposit cash directly into various companies bank accounts though I don't know why that was offered as a challenge to prove as it is just a distraction to the discussion.

     

    What has happened should be quite obvious. QE has been responsible for some improvement in economic conditions from the devastating 2008-2009 recession/depression, whatever you want to call it. It is virtually indisputable that without any QE a financial collapse would have occurred.

     

    There seems to be some dispute as to whether the rise in stocks has been "Fed induced" through QE but I just don't see the argument. Clearly, one result of QE has been to restore investor confidence which in turn has pushed up stock prices. Had there been no QE this would not have occurred.

     

    Looking at companies financial metrics such as sales, PE, etc and arguing thats why stocks are up is missing the bigger picture.
    If companies sales, profits, PE's, etc have increased and resulted in a higher stock price, its because of QE not in spite of it.

     

    Would anyone argue that without QE the market would be at current levels?
    And if so, then why not stop QE, right now, cut it off 100%.
    And if that happened, what would be the result?

     

    Those are some of the reasons I believe this is a Fed induced QE stock market rise and that the Feds QE and its manipulation of interest rates has been the fuel that has propelled markets higher.
    18 Aug 2013, 01:08 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5354) | Send Message
     
    Tampat ,
    understand your assessment & belief of fed intervention, I am trying to find someone that has that respected opinion to produce evidence to what degree in dollar & cents it has impacted the corporation of your choice. I have asked that question of qualified respected analysts that will run rings around my research and to date have not found anyone that can "quantify " that . Its why i ask for assessment to try & then re-evaluate the present PE ratios used to evaluate equities.

     

    My assessment of your question as to why the fed just wont stop cold turkey is that it is all designed around the slow improvement of the economy .. I know that opens up a whole new argument on the state of the economy. My belief is that they certainly have better knowledge of the situation than the folks who present arguments on either side, including mine.

     

    So that is why we of course differ on this topic. I'm just not sure why it has to be Fact if it cant be quantified & proven.

     

    Just saying ..
    18 Aug 2013, 02:28 PM Reply Like
  • tampat
    , contributor
    Comments (998) | Send Message
     
    There is no answer to your question.

     

    No one can quantify in specific dollars and cents how much QE has effected the corporation of your choice.

     

    Nevertheless, not answering that question in no way, shape or form disproves that QE has not been behind the rise in stocks over the last 4+ years.

     

    I realize you want a way to measure QE's impact on a specific company's value but there isn't a way to do so. However, using logic relative to the points already stated above dictates that QE and interest rate manipulation must have an effect that results in some degree of out performance in the markets. We cannot accurately conclude to what degree or by what amount markets are higher than they otherwise would be, but I do think its indisputable that they are higher as a result.

     

    This is one of the ways that QE and Fed/Govt intervention in the markets has distorted market prices as well as having caused malinvestment making accurate analysis somewhere between difficult and impossible.
    This should worry most investors.
    18 Aug 2013, 03:12 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4386) | Send Message
     
    @ Tampat

     

    Agreed, there's lots of ways QE effects the economy. So it's not possible to quantify how it's effecting companies and therefore their earnings, in detailed quantitative ways.

     

    QE impacts intermediate bond rates, keeping them lower.
    -Which effects individuals & their debit, and therefore buying power.
    -Effect companies & their debit and development power.

     

    QE effects, liquidity and confidence in banks early on,
    - leading to economy recovery-confidence,
    - which leads to market investing.
    and so on.

     

    Even more evident is that whatever it's effects, the market doesn't like when it stops. Confidence goes down, and that builds on itself. So tapering will matter.

     

    If QE was having no effect on the economy (and therefore the market) in some way or another, the Fed wouldn't be hesitating to stop it.

     

    Debit issues depend on gov't action after ZIRP ends, which can't happen till QE ends, so ending QE is part of the road to economic issues to deal with.
    21 Aug 2013, 01:38 AM Reply Like
  • Tom Luongo
    , contributor
    Comments (1314) | Send Message
     
    @Tampat Put simply if QE has had no effect on the market then what was the freaking point?

     

    Of course a lot of that money made its way into the equity markets. A simple yield spread argument over the 1 yr UST so-called risk-free return makes that point quite convincingly. Add in other central bank machinations, the devaluation of the Yen springs to mind, and we can even have a market without fundamental strength break all-time highs.

     

    the Shiller P/E ratio tells you quite clearly that this is a liquidity-driven rally.

     

    http://bit.ly/QqZ06c

     

    Those that want to quantify everything and treat markets like lab experiments are in serious trouble in the long run. Markets are probabilistic not predictive.

     

    Most everything else is simply noise.

     

    Oh, and for F&G the bull run in INTC is way past over, about 12 years now. A look at the monthly chart is a new downtrend after a failed breakout, which took no less than 3 attempts to accomplish against the backdrop of a huge general market rally. With the 10 year back over 2.8% and staring at 3.5% do you really want to be in INTC at $22.28?

     

    INTC is a trade not a yield investment. Buy a weekly bullish breakout near $19-20 and sell near $25.

     

    The business model sucks, the product line is all wrong for the future and its CPU designs have nowhere to go now that they've push down to 14nm and can't use process scaling to boost IPC/watt/mm^2.

     

    Long-term AMD and ARMH will eat INTC's margins. 65% gross margins are a market anomaly.
    21 Aug 2013, 11:49 AM Reply Like
  • tampat
    , contributor
    Comments (998) | Send Message
     
    Tom,

     

    Good points, thanks for responding.
    21 Aug 2013, 12:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11546) | Send Message
     
    Author’s reply » I really think it is time to move on !!

     

    http://seekingalpha.co...
    18 Aug 2013, 03:35 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.