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Interesting Times
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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
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Interesting Times For All Commodities And Investments!! CHAPTER 4......
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  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » BDC'S......PROS AND CONS.?.

     

    GOLD.....HOW HIGH WILL IT GO.?

     

    SILVER...WHEN CAN IT HIT $25 AN OUNCE ?

     

    MARKETS...THEY STILL HAVE LEGS ?

     

    I appreciate anyone with opinions to please type away !!
    13 Feb, 06:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » JBT, who handles the spreadsheet for us is unavailable for doing any updates until Monday..

     

    So if you list a trade , or are new, please list it but don't expect to see the update until Monday morning..

     

    He is busy right now and is the only one allowed to touch it.. Wish I knew how but I would screw it up royally.....lol

     

    JBT, Is it ok for them to at least list their trades tonight but have to wait until Monday to see it on the spreadsheet? I know it is time consuming so you make the rules up that best suit you..

     

    Thanks!!
    13 Feb, 06:37 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    I can do trades, just can't add new peeps until I have free time on a weekend. Self-employ is hit or miss, and not all my weekdays will be out of the question, either.

     

    Trades = anytime.
    New additions = Prefer to do on a weekend.
    13 Feb, 07:14 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    JBT
    Please add me on this weekend.
    14 Feb, 04:23 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TOMMY

     

    I haven't checked the portfolio chapter yet. But did you list your trades there ??

     

    Remember you have 100k to invest and you will get Monday's opening price. Actually not sure Monday, so if it isn't you will get Tuesday's price..
    14 Feb, 10:31 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    No have not yet,still need to orientate myself on the blog.
    The general layout is a bit confusing to me.
    If closing the window in the browser, how can the blog be found? ( came across one of your posts in an SA article and clicked on it ). I barely read SA. I'll figure it out over the weekend.
    14 Feb, 12:26 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Tommy

     

    Here is the spreadsheet to follow how you are doing in the challenge.

     

    http://bit.ly/1icADUc

     

    Here is the link to POST your trades..

     

    http://seekingalpha.co...

     

    Hope this helps !!
    14 Feb, 03:01 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Tom you have some good idea's it's hard here sometimes but we get the ball over that goal line it would of all been worth it.
    15 Feb, 08:17 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    DC ALERT important article on (GALE) !
    19 Feb, 08:08 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Good morning Brave and Heroic Challengers !
    20 Feb, 08:59 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    DC,
    On that Bio-tech it's a personal Brutal fight to if it ever gets approved,i held them today and will sell and purchase (UGAZ).I backed off.
    20 Feb, 02:03 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TACKS RESPONSE..

     

    IT:

     

    "I think I already went through all that in detail, so I am reluctant to repeat it all, again. I wish SA had a better search function and some kind of "star" system to save key posts, so we could fetch the past more easily. I have repeatedly asked the SA gods for such.

     

    In summary, BDC's usually make floating-rate loans to private already-operating corporations. They serve the market between start-ups, serviced by VC's, and public companies, serviced by market offerings. Often, BDC's will also get warrants, which allow them to make extra windfall profits every time a client company goes public or gets bought out. BDC's perform the best in flat or slowly rising markets. They don't like skyrocketing short interest rates, and they don't like a failing economy.

     

    Wikipedia has a good overview: http://bit.ly/UUqAHB "

     

    TACK is always cordial so if you have any questions please ask them. Others understand them as well. I believe TACK has a significant exposure to (PSEC) and has spoken about a few others in that group as well.

     

    I know that an author here, writes exclusively about them, and also has a fee newsletter weekly emailed. So is a reader gets that can you please post it ?

     

    I was until I deleted it by mistake..
    13 Feb, 06:47 PM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    Tack:<p class="double"> <... only comment changes that SA made were to make them more user unfriendly. Actually the changes they made make no sense at all. You type something and you get something else.<p class="double"> <... agree with your point about finding or navigating to comments. The present method if totally two dimensional. It is PRIMITIVE. I have a a concept of how to do it but I am not going to share it with SA.
    14 Feb, 12:00 AM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    What the hell is it with " <p class="double"> <... "

     

    I didn't type that!!
    14 Feb, 12:02 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » JW

     

    Did you edit after you posted ? I did one and basically erased it all and started over...

     

    Did you see Adam's post ?

     

    Might be right up your alley !
    14 Feb, 12:22 AM Reply Like
  • Adam Galas
    , contributor
    Comments (320) | Send Message
     
    BDCs are indeed a great way to earn solid, reliable income by investing in private equity that most investors could never access on their own.

     

    There are about 30 BDCs traded in public US markets and last year there were about 5-6 IPOs that were of very questionable quality. If you want to invest in these I'd focus on tried and true management.

     

    My favorites are: PSEC, highest yield, monthly payer, management has 25+ years

     

    MAIN: another monthly payer, yield not as high but they usually do special dividends that means total 7-8% yield and though they usually trade around 1.5X NAV that means that management can raise money super cheap and new investments are immediately accretive to dividends. Over last 5 years they've grown monthly dividend rate at around 5% annually, not counting special dividends.

     

    ARCC: 8.3% quarterly yielder, the biggest BDC in America, but some of the most seasoned management. They have proven they can grow the dividend around 4-5% annually, while maintaining very high quality loan portfolio.

     

    TCPC: Another 8.5% yielder, this one is the last of my Top 4, my "sleep well at night" BDCs who's management is so good, who's non accrual rates so low, that even another financial panic wouldn't get me to sell my shares.
    13 Feb, 07:31 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3527) | Send Message
     
    Adam:

     

    Where do you rank (TCRD) & (TCAP)?
    13 Feb, 08:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Adam

     

    Thanks for stopping in. Please , at any time, leave a link to you latest article. I am sure a few will have questions here soon. If you are up to answering them I would appreciate it.

     

    In my next chapter I will list you on the blogs info and include a link for you as well. I sincerely appreciate what you have to offer us. I am also glad that maybe I can get you additional followers as well.

     

    We have plenty of lurkers and as a thank you I include blogs and articles when someone helps me out.

     

    Thanks again, and I am sure questions will be flowing !!
    13 Feb, 08:14 PM Reply Like
  • Adam Galas
    , contributor
    Comments (320) | Send Message
     
    Thank you for the offer. I'm running an interesting experiment of which is better long term, high yield/low dividend growth vs low yield/fast dividend growth.

     

    It's a long term, multi year project, covering 50 amazing companies and I'd like to invite your readers to take a look.

     

    Here is the Dividend Growth portfolio:

     

    http://seekingalpha.co...

     

    Found some amazing hidden gems in there. Most are small-mid cap, under followed, but for patient investors will crush the market.

     

    Then here's my high yield portfolio. I think you're readers will find it interesting.

     

    http://seekingalpha.co...

     

    Yield is 8.8% and average dividend growth rate is 7.74% so still beating inflation.

     

    I'm very proud of both and hope you're readers will join me on this experiment. May it be profitable for us all.
    13 Feb, 09:38 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Adam

     

    I am sure you will have quite a few taking a peek at your project. Including myself. Picking stocks on my own is new to me. So I think I might learn plenty from this.

     

    Whatever link you want added to the blog's info let me know. If it's both then that's ok as well. I just ask that you write a brief description about your links...Best coming from the author.

     

    Study sounds awesome though..
    13 Feb, 10:07 PM Reply Like
  • CWinn1970
    , contributor
    Comments (321) | Send Message
     
    AG...I agree on your list,<p class="double"> <... hold three of the four (ARCC). I came across PSEC a few years ago when running a screen. They've already announced their dividend payout for the first 6 months of this year. They've traded in a very narrow range since I've owned them. Was dripping but now have decided to try a different approach by collecting dividend to use to purchase/add too my DGI holdings. I'm interested to see how this works out.<p class="double"> <... added (http://bit.ly/MxLYuZ) and (http://bit.ly/XwvsYW) after reading several of BDC Buzz's articles. I've never been negative on these two since the day I purchased. Drip both of these.
    13 Feb, 11:13 PM Reply Like
  • Tack
    , contributor
    Comments (12742) | Send Message
     
    AG:

     

    Good commentary.

     

    Add TCAP in the list of very well-managed BDC's.
    14 Feb, 10:41 AM Reply Like
  • Adam Galas
    , contributor
    Comments (320) | Send Message
     
    TCAP is my 5th favorite BDC. Excellent growth oriented management and strong dividend growth.

     

    TCRD is an OK company, but in addition to the 5 I've mentioned I like, PSEC, MAIN, ARCC, TCPC and TCAP, I would recommend BDCL.

     

    BDCL is an 2X leveraged ETF that invests in the Wells Fargo BDC index, so you get exposure to the entire industry. The yield is the highest you can get in the BDC industry, 13.75% currently.

     

    I don't currently have much money to invest, (trying to pay down debt and go to Grad School for my MBA) so my investments are limited to PSEC and SDRL.

     

    If I had more funds I'd limit my BDC holdings to the 6 mentioned above. Any more and you start to experience what Warren Buffet calls "di-worsification".

     

    Best to stick to just 5-6 of the best and fill out the rest of your high yield portfolio with other asset classes.
    14 Feb, 01:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » ADAM

     

    Thanks for the opinion. I have received a few PM'S from people who are now learning what BDC'S are...So whatever you want to add please feel free.
    14 Feb, 09:51 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT,

     

    if i may BDC is investment in development ?
    15 Feb, 05:26 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    (PSEC) is only up because I want to buy it. Investors should pay me not to buy, so the price will remain elevated.
    13 Feb, 07:55 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3527) | Send Message
     
    JBT,

     

    All my purchases from the recommendations folks made on my blog are up (except (LINE).) ...so where do I forward my bribe so they keep climbing :) ??
    13 Feb, 08:09 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    LMH,

     

    I cursed you by buying (LNCO). Sorry. Nothing you can do now except sell. Save yourself while you can. ;)
    13 Feb, 09:46 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3527) | Send Message
     
    JBT

     

    I bought (LINE) knowing it was coming down, and not an ideal day for the buy. But as Tack pointed out, the long term chart is a steady climb. Meanwhile it's 8 or 9% dividend. So I'll hold through the dips... in the end it will be fine :). Meanwhile I'll send you the rest of my portfolio, and if you can kindly refrain from buying them :-).
    13 Feb, 09:50 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Lomah Hi,
    that's kinda why i never advise on stock purchase if something goes wrong Oh boy !
    14 Feb, 05:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » JBT

     

    Some silver is on the way !!
    13 Feb, 08:17 PM Reply Like
  • indianamark
    , contributor
    Comments (2024) | Send Message
     
    $1300 gold was an easy call. Tues., Wed. and Thurs. of last week the script was followed. Don't let gold close above $1258 or the computer buy programs kick in. Like magic,( or a managed market), all three days gold closed at $1257 and change.<p class="double"> <... broke the magic number Friday and closed at $1263.30. Monday's close was $1274.80, Tues., @1290.10, Wed. $1295.30. Then today, bingo, $1300.40. Last $1304.53.<p class="double"> <... you want to see more excitement? The magic men have kept silver in a tight range.Lately, whenever it broke $20.20, knock it back down .Monday's close, $20.10, Tues. $20.14. Yesterday, $20.33. Uh-Oh. Today, $20.38. Oh, no. Two days in a row. We can't have that. The computer buy programs will kick in.<p class="double"> <... overnight last was $20.70. Oh, no! What are all those shorts going to do? Glad I bought 3,000 more AG just before the close.
    13 Feb, 09:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Indiana

     

    So do you think silver can hit $25 by the end of the year? I hate picking amounts and dates but you seem to have a good understanding of this..
    13 Feb, 10:04 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » INDIANA

     

    Just looked and silver is on another overnight tear. Now at $20.76. Can they manage to knock it down again? Seems the wheels are wobbling on the price somewhat .

     

    (AG) looks like a good buy. My physical also likes what were seeing. The shorts are in trouble, and we know the major player are net long now as well.. So up we go !
    13 Feb, 10:41 PM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    Doesn't this
    <p class="double"> <... " crap annoy anyone. They should get some complaints about this.
    14 Feb, 12:05 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » JW

     

    It only happens to me when I try to change a post ...Maybe it is some sort of code ??
    14 Feb, 12:19 AM Reply Like
  • indianamark
    , contributor
    Comments (2024) | Send Message
     
    How about $25.00 within the next month. Despite all the propaganda the economy is in the longest down turn since the Great Depression. When Janet turns on the spigot we may see the long awaited $100.00 silver by year end.
    14 Feb, 07:55 AM Reply Like
  • indianamark
    , contributor
    Comments (2024) | Send Message
     
    Wait until the shorts panic. J P Morgan didn't accumulate the largest amount of silver in modern history for nothing. They couldn't cover their impossible short position, (last Friday's C. O. T. showed the 'Commercials' covered 6,000 contracts ) so they bought all the physical they could buy.

     

    If they let the price run, stiff the paper longs, keep the physical. (Which will be worth much more) They are believed to own 3,100 to 6,200 tons. Those bankers know how to make money, don't they?
    14 Feb, 08:04 AM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    I predicted $1305 on Feb 8

     

    http://seekingalpha.co...

     

    Another $10 or $15 could occur to taking it to $1310 to $1320. There it will really be extended into resistance. My comment above explains what it will do. I am holding to it as it so far is playing out.

     

    Fundamentals are not at play here. It is a technical move. Supply/demand/Bernanke... aren't driving the short term move. Long term -yes, but short term one will have to recognize where the key levels are as in resistance and support.
    14 Feb, 12:23 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Silver seems to be getting dragged along as well..
    14 Feb, 12:28 AM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    IT,Silver is catapulting past $21 an oz. today. Just a couple days ago i was hoping it would stay above $20. Who knew? Is this the beginning of a new Bull market for metals?
    14 Feb, 07:34 AM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    You may have nailed it John. Gold iis above $1315.00
    14 Feb, 07:36 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » COINS

     

    I am serious. I was going to sell all my (PSEC) in the challenge and go long on (USLV)...But in real life I would not do that. The object of this game is to try and do what one would do in real life..

     

    I could have stayed long in (NUGT) as well. But I chose not to although the *IT FIB* said it was a no brainer.. So don't feel bad about selling your challenge metals..

     

    Our physical is doing just fine right now ! Not sure why they cannot *manage* it lower.. I am sure the naked shorts will pour in soon !!
    14 Feb, 10:44 AM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2727) | Send Message
     
    Anyone want to bet we head south in gold and silver again after this run up?

     

    For me its an easy call. But I am sure confusing coming from a guy who sells gold and silver.

     

    From my Feb. 5th article:

     

    "Gold and silver will begin to be buoyed by the world chasing the monetary metals. We have seen a taste of it in January and we’ll see more of it later this year. But watch the Market Makers try and scare you out one more time. We could go higher from here for a bit to trap more of the bulls who say the bottom is in. But I know I’m one of the few who think we have one more test of the lows. I hope we get it as I’ll be ready to write my “all in” article and become the biggest bull around! There are literally trillions of reasons to be bullish and while we may not time the bottom perfectly, most of my clients who are dollar cost averaging into a position will be very happy with their allocations into precious metals in the years to come."

     

    http://bit.ly/1ndsHlK

     

    Been out of town.
    17 Feb, 12:29 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (712) | Send Message
     
    I think the $1,200 range for gold is a floor. If we hit this again one or more times, large naked shorts will be the catalyst driving this lower. In the long run I think the physical demand will beat the paper shorts. Hard to say when this ends, but watching among other things, COMEX and gold etf inventory levels.

     

    I have been a big believer in no/low load index etf's or mutuals, for the reason's you illustrate. I do like (VOO). In an up market, almost everyone wins, in a down market, a successfully "managed" fund will lose less than its peers.
    17 Feb, 12:57 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2727) | Send Message
     
    I see $850 as the floor OAG and a possible 1 day break below that price. But my all-in article would come south of $1,000 as gold would not stay below that level for too long for a multitude of reasons. I don't care that gold would fall below that.

     

    The Hunt Brothers cornered the physical market in 1980 and they were small potatoes. The big players in gold and silver (the banks) can have their way with gold and silver and I believe still will, especially if we get a stronger dollar and higher stock market.

     

    I won't get too many gold bugs to agree with me, but my articles last year were pretty spot on (as reference). http://bit.ly/KaF0D1
    17 Feb, 01:41 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (712) | Send Message
     
    Doug, The reason I am calling ~ $1,200 for a bottom in gold is that I agree that the big banks that have been managing and controlling the gold price, and I think their 2013 objective was to drive the price as low as possible with a minimal disruption in the total mining production. Some might argue that the $1,200 price did cause disruption to some (significant?) current, and future production already.

     

    I think the big banks are certainly capable of driving the price much lower, but I still think that part of their overall strategy is to protect the flow of mining production and overall accessible physical gold inventory. To this point, I think they would prefer to have as much physical inventory access, which includes, mining, Comex & gold etf reserves while driving out the weak hands as the big banks establish long positions with a low price.

     

    An $850 or $1,000 price level even for a short period would be very bullish for the rebound in gold price and would likely cause some disruption to the short-mid term mining supply of gold as future projects would get shelved and ownership of the larger & junior mines would get reshuffled in the process.

     

    This would be good for physical holders in the long run, but could be a potential problem for the miners/streamers. This would create an even more spectacular opportunity to add more physical gold/silver if it happens.

     

    I'm holding to my $1,200 floor call for now, yet will not be shocked if it dips much lower for a brief period. I do think if gold is driven to $1,000 or lower, it will be an end-game move by the big banks and their anticipation of a sharp and swift rebound to new highs and they will be well prepared in advance if this is to happen.
    17 Feb, 02:38 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2727) | Send Message
     
    If we do get the fall in price I am expecting OAG, it would be a temporary one and I don't think have any impact on any minders. In fact, I would view the one's doing the hedging to close their hedges at that point which would be extremely bullish.

     

    I wrote that this would be a volatile year for gold and silver. We are seeing the upswing and I'll wait patiently for the down swing. April always seems to play out that way, then up over the summer and possibly one more dip after the summer and before September. Either one of the two dips I see coming are good entries, whatever the final low price will be. After September I think we are off to the races.

     

    Thanks for the conversation.
    17 Feb, 02:47 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    After trending down since spring 2011 coffee appears to be reversing.
    Brasil, which is the largest producer globally ,has weather issues and also resorted to aggressive pruning techniques. Both should contribute to lower harvest of the commodity. Other factors probably also play a role (perhaps currency issues ?)
    Increasing trading volume also indicates that interest among traders is rising.
    Since i can't trade futures directly, i find exposure via(JO), which is an ETN fund linked to coffee prices.
    Have been in and out since Nov. and it has been rewarding so far.
    Is anyone here following coffee? Please share your observations.
    14 Feb, 07:08 AM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    Well folks, I have done it again.In the Portfolio challenge I have sold all my PM 's and PM ETF's TOO soon. That's the problem with investing,when is the RIGHT time to take profits ? Sure I made a profit on my last go around with (SLV) and (http://bit.ly/MRdnQB) but if I had waited 2 more days I would have gained about twice as much. Metals may be in another Bull market.
    In real life this week I bought back into Gold coins not because of a strategy but because of an opportunity to buy. So what I have done in the past is bought physical and hedged with a ETF like (http://bit.ly/KBZlQv) ,Well that's a winning combination in real life . Just for those to see how easy it is to not be 100% right and still make progress if you put in some effort. Never believe every thing you hear(What the experts say) completely. And as the old saying goes. "Only 1/2 of what you see"
    14 Feb, 07:31 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    That's my largest mistake, taking profits too early, therefore having to trade more! Have done that several times in the last 2 months. Need to work on that.
    Could be worse, watching prices go up, exponentially extending that trend, only to watch it decline again and booking losses thereafter.
    14 Feb, 08:38 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Wow silver is up over 4% @ 21.20+ should have bought some.
    Good call IT on the silver necklace illuminati signal!
    14 Feb, 09:34 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TOMMY

     

    The *IT FIB* is rarely wrong !! hehe
    14 Feb, 10:34 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    I do prefer trading on TA over FA.
    No noise, neither rumors. Although both complement each other.
    14 Feb, 10:53 AM Reply Like
  • Robert Duval
    , contributor
    Comments (2931) | Send Message
     
    I've been asked to post some macro thoughts on this blog. I'll do it as it helps me clarify my own reasoning. As I write the SPX rallies hard once again, trying to perhaps hit the double top? at the Jan highs. Basis about 184 on the cash SPY. Markets do like to do this -- retest prior highs.

     

    First, note on longer term charts, neither the small cap IWM, which I am short, the XLF financials, (I am short GS), or the Transports (IYT) are anywhere near their highs. Market is lead by weak sectors here.

     

    I am short several high growth / PE names. LNKD, TWTR, TSLA, NFLX, to capitalize on what I see developing.

     

    Fundamentally; today's reports for example are what you do not want to see. Higher import prices with slowing growth. I do not believe, as the bulls do, the worst industrial production numbers since 2009 can be solely attributed to a lot of snow. If the market chooses to, now, thats fine. I will patiently wait. The Yen and gold continue to flash warning signals about the underlying health of this bull market, along with financials, small caps, and transports. Ignore these trends at ones peril.

     

    I am short and positioning for a cyclical bear market as the Fed continues to pull back from accomodation, and fiscal policy remains contractionary in both North America and Asia. I recommend a heavy cash position with exposure to dividend paying, defensive sectors.

     

    Post a Cyclical bear I expect a new secular bull in the fullness of time, likely led by emerging markets which have been in their bear market for quite some time. Good luck to all investors whether you agree or not.
    14 Feb, 10:39 AM Reply Like
  • Eudaimonia
    , contributor
    Comments (530) | Send Message
     
    The FED is pulling back accomodation?
    14 Feb, 01:24 PM Reply Like
  • Robert Duval
    , contributor
    Comments (2931) | Send Message
     
    PS. I was long gold and stock but sold too early. I would not chase here but would sell all my gold stocks for obviously a nice profit if I still had them. if a bear move develops it will hurt all assets except the most defensive.
    14 Feb, 10:40 AM Reply Like
  • The_Hammer
    , contributor
    Comments (3810) | Send Message
     
    macro a number of sentiment indicators reversed pretty aggressively recently from extreme bullishness readings. have u seen this too.
    14 Feb, 11:01 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » THE HAMMER

     

    Welcome, can you expand on what you have seen ?

     

    Thanks!
    14 Feb, 11:27 AM Reply Like
  • The_Hammer
    , contributor
    Comments (3810) | Send Message
     
    what i am saying is sentiment indicator i was looking at especially the naiim survey was off the charts bullish but in the last few weeks of weakness has crumbled down very quickly. maybe we are setting up a new rally to suck in and grow complacency before the bigger downturn. Just trying to confirm if other sentiment indicators have come off their extreme bullishness like investors intelligence or put call type of things or even rydex fund flows or etf fund flows. comments?
    14 Feb, 12:47 PM Reply Like
  • Tack
    , contributor
    Comments (12742) | Send Message
     
    TH:

     

    You might as well add one of those floating eight-balls, as it will likely be as accurate in forecasting the next downturn.

     

    About the only sure indicator I could imagine, if it ever were to arrive, would be when various long-standing authors on SA, who have been calling for major collapses since 2011, would finally open a new article by saying, "I've been calling for collapse for three years and have been wrong, and now i understand why it won't occur." If you see that, then, you can safely take some chips off the table.
    14 Feb, 01:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » T

     

    Floating eight balls??? I think AVI uses that method...

     

    Serious question.. Does a close before a long weekend mean anything? I hear people stating that it does but I never believed in it.. Am I wrong?
    14 Feb, 03:34 PM Reply Like
  • Tack
    , contributor
    Comments (12742) | Send Message
     
    No more than the eight-balls.
    14 Feb, 03:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » T

     

    I was under the impression that when the markets settled down, when the fear left, that the metals would start to drop.

     

    However it seems that it is doing just the opposite. BOTH are rising. What is your rationale on this?

     

    Open to others as well..
    14 Feb, 03:44 PM Reply Like
  • Tack
    , contributor
    Comments (12742) | Send Message
     
    I can only imagine a technical trade, coupled with momentum, and, maybe, some imaginary fear of inflation, but the latter is a real stretch.

     

    I would not harbor any ominous concerns, if that's where you're headed.
    14 Feb, 03:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » T

     

    Wasn't heading anywhere ...I just thought it seemed strange both were going up..
    14 Feb, 09:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » MACRO

     

    Still expecting a market sell off ?
    20 Feb, 04:50 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Hey guys i'm right here too.
    14 Feb, 10:43 AM Reply Like
  • Robert Duval
    , contributor
    Comments (2931) | Send Message
     
    I am adding a little to a couple of shorts, and adding another -- GMCR.
    14 Feb, 10:54 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Go for it Macro, I doubt major indices will close red today,given the holiday weekend, but next week should become interesting.
    Personally will cancel the (TNA) stop buy order, just in case of a spike up Tuesday and double my position (TZA) after the weekend.
    If wrong,will just have to live with that and take a hit.
    The Russell is not leading anymore!
    14 Feb, 11:35 AM Reply Like
  • Robert Duval
    , contributor
    Comments (2931) | Send Message
     
    I couldn't care less what happens today. And being made fun by the bulls is a positive sign. Usually happens near cyclical tops. I do tend to be early, but I think I have this one correct. (LNKD) is breaking to new lows as I speak. For a 100 point Dow day my shorts look great actually. We now hit 184 on the SPY, double top. Next week will be interesting.
    14 Feb, 01:49 PM Reply Like
  • Robert Duval
    , contributor
    Comments (2931) | Send Message
     
    Examine the chart on (LNKD), I expect that same pattern to be repeated on dozens of high valuation stocks. Nothing but selling once this gets going.
    14 Feb, 02:10 PM Reply Like
  • Robert Duval
    , contributor
    Comments (2931) | Send Message
     
    (LNKD) total freefall. Will sell a few puts against my shorts here.
    14 Feb, 02:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » FOLKS

     

    In reading through our posts I have noticed quite a few that are non investment related. I am one of those who do add a few comments for the personal touch.

     

    HOWEVER can we all try to keep this to a minimum. For a couple of reasons. 1) I have to add new chapter's more quickly, which does take some time. 2) Those who do drop in to answer questions have to sift though comments about the weather, snow totals, etc.

     

    Additionally, can we all make sure that when we post symbols we bracket them. This was rolling over the mouse gives the name of the stock. like (GMCR)

     

    I am not asking to completely stop the personal touch, and I think it is healthy. So this will be a trial and error type of situation. I really don't want people to be quiet. If someone agrees with a trade then post it.

     

    But I am hoping this will cut down on those that don't follow minute by minute and want to get to investment questions...I hope all understand but I have received a few PM'S suggesting this type of change and it may be a good idea.

     

    Still want to hear , and learn more about each individuals situation. Because that only helps one understand their financial situation. But I have asked how much snow somewhat got, and then that leads to 10 posts about the weather.

     

    So when someone clicks on they need to kinda skip over that portion. I am considering opening a new chapter for this type of banter. I personally think it is healthy. Once someone feels comfortable they then ask questions.

     

    But I do try to please all. So I am open to your feedback on this as well. If you think I am wrong please let me know...Like I said I am only trying to be the messenger here...

     

    PLEASE give me some feedback so that I will go with the majority on this !! THANKS >>>
    14 Feb, 11:14 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    (GMCR) Ya !
    14 Feb, 11:15 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » I might add in review of this chapter I see nothing wrong with anything, nor would I ask anyone to change any posts here..

     

    I am speaking about past chapters. I only see what I would accept as great posts here so far.. Just look back over prior chapters for the reasons someone PM'D ME..

     

    THIS CHAPTER IS FINE SO FAR .So keep it up !!
    14 Feb, 11:18 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    SA on a headline today said Nat Gas is really starting to (BOIL)
    those guys are cool !
    14 Feb, 11:20 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    It could be a new bull market for NG.
    Gas Riggs, evidently have been shutting down some operations, due to low prices.
    Just like Oil Riggs need the price to be above somewhere around $76 in order to make the drilling economically viable.
    14 Feb, 11:47 AM Reply Like
  • Ninja Trader
    , contributor
    Comments (633) | Send Message
     
    I agree IT. Half the time, I thought I was on Facebook.
    14 Feb, 06:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » NINJA

     

    Thanks for the feedback !
    14 Feb, 09:22 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Nobody at IT trades coffee?
    14 Feb, 11:49 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Tom not a bad idea !
    14 Feb, 11:58 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Al, don't like to be bearish (which I am on the general market), prefer to find the bull somewhere.( better to ride a bull than grabing it by it's horns).
    14 Feb, 12:30 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT road a Bull to the top on a handicap !
    14 Feb, 12:32 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    After all this blog is also about commodities.
    Since the last pull back I noticed increasing interest on some commodities, especially in the agriculture sector which have been beaten down over the last year.
    A possible rotation?
    14 Feb, 12:37 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Don't get what do you mean by that.
    14 Feb, 12:40 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    The agriculture's would be interesting to experiment with on the portfolio challenge,they do seem to have times of outstanding performance.
    14 Feb, 12:43 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    About riding the Bull or the commodities.
    14 Feb, 01:03 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    "IT road a Bull to the top on a handicap !"

     

    That, I don't understand.
    14 Feb, 01:26 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Oh ! IT went with (NUGT) into the deep red when the banks guidence for Gold was like 1100 and he ask me "AL" does IT know gold and i said yes and we will see you too the top then you will hold position from the Eagles (OTC:NEST) with (PSEC).
    14 Feb, 01:30 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Al
    Just noticed interest rising, same as PM's.
    Have a look at the chart's of (JO) and (DBA) and
    (UNG) as examples. Indicating some rotation,similar to PM's.
    During the last pull back of the equities,I owned coffee. While most stock holdings where declining, coffee did the contrary.
    14 Feb, 01:44 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Tom,
    Very indicative,it does show how severe this winters been on supply and demand.Even in that Infrastructure is a problem.
    14 Feb, 01:52 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    AL
    Gold miners are a totally different animal. Though business to be in.
    Thousands of years of mining, begs the question, how much is left? How long does it take for gold to form? Although i have to admit, that i don't know much about that industry.
    14 Feb, 02:08 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Look how long (HL) has been around,1869 i believe.
    14 Feb, 02:12 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Should not have put NG and Agriculture in the same comment.
    But also the price of NG in the US are well below global prices.
    14 Feb, 02:14 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Tom ng & ag in the same comment did make sense,similar present time pressures.

     

    The producers (CHK) (LNG) really got caught unaware.
    Retail does better with ng anyway,just watch the uts sky rocket the next few month's and the ng is on old contracts.
    Same with gold the miners (Producers) get stuck to the retailers advantage.
    14 Feb, 02:21 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    (HL) also mines zinc, lead, silver,....I was more referring to gold miners. But like mentioned earlier, don't have a clue about the mining business.
    14 Feb, 02:30 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Thanks AL,will put (CHK) and (LNG) on my whatch list.
    14 Feb, 02:35 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Tom i was supposed to give that list of Gold miners to DC i still can't find it,but i brought (HL) up because they are kinda like (ED),you don't stay in business from pre 1900's and not have it going on.
    14 Feb, 02:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TOMMY

     

    Actually this blog is about everything. We have an author who is speaking about BDC'S , we have people talking about stocks. That is why we have the portfolio challenge.

     

    So I hope this does not turn out to be ONLY about the metals.. But since they are moving up I guess they are the talk for today..

     

    MACRO has stated he is shorting certain stocks...Please feel free to mention what stocks you are interested in as some aren't posting until stocks get mentioned..
    14 Feb, 03:08 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Guys it is hard to put into words ones market equating it's kinda like trying to talk about algebra but that's what we're here for and we are recognizing the structure of the game inch by inch.
    14 Feb, 03:13 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TOMMY

     

    I bought (NUGT) when gold was about $1200. I have read many articles and I made a play that at first took me into the red. But I did not care as I felt a reversal was coming.

     

    Being a 3x leverage play it shot up. I sold it when I felt comfortable, and now bought (PSEC) ...

     

    Honestly I could have held (NUGT) longer and most likely been way ahead in the challenge.. But in real life I sold my position and did so in the challenge..

     

    I did pretty good on that trade. Could have done better in hindsight, but am comfortable with the profit I made in my real portfolio..

     

    Then I also have moved some of my earnings in real life into (PSEC) and deciding what/when to do with the rest. Wife did take some funds to finish some projects around the house though..
    14 Feb, 03:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Gold ETF holdings surge !!!!!!

     

    On the heels of more than a 4% rise in the price of gold this week, the SPDR Gold Trust (GLD +1.3%) saw a spike in gold holdings to 25.925M ounces as of Thursday, up 0.9% from the day before and the highest level since December 20.

     

    In the last month, says Julian Phillips of GoldForecaster.com, there have been so sales from the GLD and more than 500K ounces of purchases. “This is tremendously significant because sales of physical gold from these U.S. gold ETFs and from the leading U.S. banks totaled 1,300 metric tons in 2013 ... This formed a key source of supply for gold. All of it went east to Asia never to return again.”

     

    “The reduction in supply from the U.S., as these sales have now halted, is the prime reason the gold price is now rising,” he says, adding that it has nothing to do with U.S. economic factors.

     

    Any opinions on this? Is this why gold is rising ? Humm...
    14 Feb, 09:20 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    Have been expressing my interest on certain commodities.
    Coffee,NG and agricultural in general.
    As of stocks, am watching (SAN) (http://bit.ly/LacbUn) (http://bit.ly/1eZQ439) (http://bit.ly/sN4Tgw), which I owned up until recently. Others on the watchlist include (http://bit.ly/s8YEiM) (http://bit.ly/1eZQ6Ir) (http://bit.ly/rJbwEc) and (http://bit.ly/x0lo7E). Not ready to pull the trigger yet on any of those.
    Currently hold (http://bit.ly/KTq8Yr) long term, GNMAs also long term,(http://bit.ly/1eZQ6YI) short term and the rest in cash.
    Will ad more positions when I find it appropriate to do so.
    15 Feb, 07:22 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    That's quite a work of art!
    Just edited the post and this came up.
    15 Feb, 07:32 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    It's very easy to make that mistake.
    You go long an asset, it turns red, doubts arise and when it turns green the feeling of relieve comes up and boom one liquidates that position. Sometimes it's the right thing to do, other times not.
    As you pointed out, you felt comfortable with that decision, locked in your profits, and that is what really matters.
    Mistakes like that can be repeated hundreds of times,but will never get you bankrupt. On the contrary, folding in the red many times, will !
    The first thing I decide is how much I'm willing to loose before buying an asset and the second contemplate possible gains.
    15 Feb, 09:16 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TOMMY

     

    Put whatever you typed above in the challenge....lol
    15 Feb, 04:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TOMMY

     

    I don't consider my trade a mistake. I also set limits like you do. But I set them on the upside and the downside..

     

    Most know I own physical so playing (NUGT) was a gamble that payed off . It wasn't a blind gamble, I did use what I thought was solid research. I also felt it had more room to run but was satisfied with my profit. Rotating into other sectors now or soon.

     

    Just not sure of the markets direction just yet. But I rolled some profit over to (PSEC) under $11 bucks. Same number as in the challenge. So far that has done well for me too !

     

    But to me the whole market is gambling.. Some are smart enough to have earned the honors of mastering a diversified portfolio. TACK seems to be one of them. I am not.

     

    So to conclude I am just moving on to other things and letting my physical stay where it always is hidden... Now if I can find that map??
    15 Feb, 04:35 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    Glad you found humor in it.
    16 Feb, 06:04 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Tried to reply and the site keeped on freezing
    14 Feb, 05:18 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (484) | Send Message
     
    Still holding my GPL, AUY, and EXK at losses from buying them. Am hoping they run enough to where I can sell portions in the green. What do you folks think? As for the physical silver, I can only find the stuff I dropped into the fish tank, should have bought a metal detector to find the rest. And drawing up a map in the first place, merely defeats the notion of hiding.
    14 Feb, 05:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » NOC

     

    You got a big fish tank? It looks like silver is being pulled along with gold. We will see how long this continues..

     

    Now go find that map. Or buy one of those metal detectors !!
    14 Feb, 09:02 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Bank of America cutting more mortgage jobs !!!

     

    After new loans fell short of internal forecasts, Bank of America (BAC) is cutting 450 jobs from West Coast offices, reports Bloomberg. A bit of a switch - last year's series of mortgage job cuts were about the big slowdown in refinance business, but these cuts supposedly affect those who process new home loans.

     

    In the bank's most recent quarterly report it disclosed Q4 originations of $11.6B fell 49% from a year earlier.
    Perspective: The bank employs about 242K.

     

    So is housing slowing down ????

     

    Thoughts >>>>
    14 Feb, 09:47 PM Reply Like
  • CWinn1970
    , contributor
    Comments (321) | Send Message
     
    IT...depends on how you define slowing down. If you are looking at year over year then the answer is no considering housing starts in 2013 were approximately 18% higher than 2012. From what I've read it looks like 2014 starts are estimated to exceed 2013.

     

    I believe even Pulte was saying they were going to do more this year.
    15 Feb, 12:16 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » CWINN

     

    When I see people getting laid off in a division that handles mortgages I define that as slowing down.

     

    I might be wrong , but that's my definition..
    15 Feb, 06:02 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    ...Evolutionary
    15 Feb, 06:06 PM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    Micro evolutionary.
    15 Feb, 06:07 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    -10 to the 12th power sec in giga bytes.
    15 Feb, 06:13 PM Reply Like
  • CWinn1970
    , contributor
    Comments (321) | Send Message
     
    IT...I'd rephrase it as "slower growth".
    15 Feb, 06:43 PM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    $GOLD at $1318.90 penetrated the 200 day MA today.

     

    In my comment up above I thought Gold may go to 1320. If you think it is overbought now, it could get way more overbought next week. This move above the 200 day average may spook those who are short, sending it up in a short covering spike another $20 or $30. You can bet they are sweating about next Monday.

     

    I am holding (SLW), (GDX) and (SAND). Bought almost at the bottom on 12/18. Up 37% on some of the SAND.
    14 Feb, 10:02 PM Reply Like
  • WMARKW
    , contributor
    Comments (10250) | Send Message
     
    I am still 70/30 on the boyz from the hood banging gold big time this long holiday weekend. That's when the love to do it, on Sunday night in Europe at the open when no one can respond in US until Tuesday. Bought small position in (DUST) today just as hedge. Did well on (SVM) (sold most before earnings release) and EXK over last couple days.
    14 Feb, 11:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » WMARKW

     

    Sooner or later da boyz will try to push gold down. I am more interested in silver right now. I think we will see a better gain there.

     

    If the economy is as healthy as they say then silver should head north.. Tuesday will be interesting for sure !!
    15 Feb, 06:10 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Silver looks like it's starting to do some Rockin,see list below,H W gave the list and said ,Hey Hey what do i say i got a friend who wants to talk about gold all day.
    16 Feb, 06:55 AM Reply Like
  • Ninja Trader
    , contributor
    Comments (633) | Send Message
     
    I think everything is slowing down except for the metals.

     

    IT...I'll let you know how Avi's fib is doing as I am tracking it. GLD should chug along to the next resistance of 131.50. Bought some (GG) today so we'll see what happens on Tuesday.

     

    (OPK) broke $9 today before the shorts took control of it again. Should have a floor under it now around $8 with the latest news. Have to be patient with pharmaceuticals.
    14 Feb, 10:08 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Not everything is slowing down... (LMT) has been on a tear. It's almost a double for me. Lots of REITs are doing very good, and utilities are chugging right along.
    14 Feb, 10:16 PM Reply Like
  • Ninja Trader
    , contributor
    Comments (633) | Send Message
     
    JT,
    Sorry, I meant the economy, not stocks. Stock market is crazy. No reason for it to be going up. Nothing is rational except for the metals. I'm in the camp that we'll get one more beat down in metals. See if GLD breaks 131.50 or down she goes.
    14 Feb, 10:39 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    I forgot I was on the metals blog - sorry.
    14 Feb, 11:20 PM Reply Like
  • WMARKW
    , contributor
    Comments (10250) | Send Message
     
    JBT - shame on you.
    14 Feb, 11:44 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    WMARKW,

     

    Like NT said, "Nothing is rational except for the metals."
    14 Feb, 11:48 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    NT
    Economy slowing down? Just sweep it under the rug, pretend it never happened!
    15 Feb, 07:43 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » JBT

     

    My wife never thinks I am rational...
    15 Feb, 04:37 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    I'm sure she's not alone in that thinking... ;)
    15 Feb, 04:50 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » JBT.

     

    I KNEW you had to say something...HEY, SPOILER ALERT!!

     

    Turn the sound down if you don't want to know who won the hockey game today.. USA vs Russia..

     

    Never mind !
    15 Feb, 05:54 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT,
    We don't ever discuss Diamonds ?
    16 Feb, 02:55 AM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    Watch GoldRush season 3
    18 Feb, 04:33 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT,
    Please define "Floating Eight Ball(s)"
    15 Feb, 05:29 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3527) | Send Message
     
    Al
    "Floating eight ball" refers to a game from the 1960's where you bought this "magic eight ball" that supposedly you could ask questions and get "answers." If you shook up the ball, you'd get "yes", "no", "ask again later" and so on. It was a ball with another ball floating inside in some liquid (or something like that)... with no predictive powers whatsoever. A novelty toy. It's now an expression, and it's been used as a running joke in an occasional sitcom.
    http://bit.ly/M23cIi
    15 Feb, 07:14 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    O.K Lomah thank you.
    15 Feb, 07:17 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Lomah Rode is past tense of ride,road is the actual physical thing,Lomah you are great.
    15 Feb, 07:21 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Lomah,

     

    The market is an intense discipline,and it's about our viability as a group of Americans and world citizens,Wow !
    15 Feb, 01:15 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Father figure thing again,the populous has been neglected,most can't even sit as a family and eat.
    15 Feb, 08:19 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Some of these guys after the 3rd you don't see them until the last week of the month then they ring the phone off the hook,unbelievable.
    15 Feb, 09:29 AM Reply Like
  • crademan
    , contributor
    Comments (913) | Send Message
     
    IT, Was I supposed to invest only in commodities for the Portfolio Challenge? Guess I misunderstood the rules.
    15 Feb, 09:37 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Crade
    have a peek at the challenge, there aren't many holdings of commodities in the portfolios.
    15 Feb, 11:52 AM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    Crademan

     

    Yes that is correct. You are supposed to buy commodities. Especially gold and silver. But you can buy it in the form of coins rather than futures. :-)
    15 Feb, 12:20 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Crade,
    Thumbs up !
    15 Feb, 01:16 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » CRADE

     

    This blog is open to ALL investments as well as the challenge. Some days the metals guys are posting, others the stock investors. Most days owners of both are as well..

     

    You are fine !!
    15 Feb, 04:15 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Interesting Times and Portfolio challenge is a great place to(MEET).
    15 Feb, 01:50 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    YES ! great model ! peoples people peoples you know what it means to be left alone not even a call on my telephone, But every morning...
    15 Feb, 05:43 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Hey Guys how are you doing ???
    15 Feb, 03:33 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Take the top 10 in the 10 and play market Chess with the Bot's.
    15 Feb, 05:56 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Never mind.
    15 Feb, 06:02 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » I found this article about picking stocks on your own very interesting.. I think all should take a quick read..

     

    http://aol.it/1gFhDgu

     

    Thoughts ?
    15 Feb, 06:16 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    (GOOG) Dynamics are mutually supportive and they adapt to business pressure's to accommodate And they have the style of a treasury,the trust of one,but with better share growth history and potential,GOOG
    is highly adaptive.
    15 Feb, 06:22 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    IT,

     

    The article is remiss in not discussing Tilson's overall record in investment calls... I'm not familiar with him, nor his record, but just thought I'd throw that out. Not everyone is right 100% of the time - all the "experts" make bad calls from time to time.

     

    Use the "experts" for guidance, but only guidance. Equal-weighting in a diverse mixture of assets is better than putting all your eggs in one basket.

     

    Interesting article, but too short. They could have summed it up by saying "Tilson was wrong in his (GOOG) call".
    15 Feb, 06:31 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    JohnB,
    Well said ! got my vote.
    16 Feb, 06:47 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    DC,
    (SLV)
    (AUY)
    (CDE)
    (SIL)
    (HL)
    (GDX)
    (GDJX)
    (PSLV)
    (PHYS)
    (AGQ)

     

    DC,best i could do.
    15 Feb, 06:57 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5145) | Send Message
     
    Thanks...I was just taking a closer look at those above. I held (AUY) for some time and sold my position about a year ago...I do not know enough about Gold and Silver to comment much, but I am doing research and all the reading that I can to learn more...that is what it is all about, IMO...

     

    Thoughts on (NUGT) or (GLDX)?

     

    Thoughts on a percentage of Gold/Silver exposure that one could/should have in their portfolio?

     

    Is this a good time to get into Gold/Silver, in your opinion?

     

    If I have crossed the line on my questions, I apologize. Just trying to learn....

     

    deercreekvols
    17 Feb, 11:22 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » DEER

     

    No lines crossed ,this is what the blog is about..

     

    Seems most posters have taken the day off. FA'S years ago recommended about 10% in the metals. Doing my personal research I would rather own physical then paper trades.

     

    Some feel (GLD) and (SLV) are basically a shell at this point. Others don't ..I have used them sometimes to trade. However I always have that fear ..Do they really own all that metal in everyone liquidates at the same time?

     

    Here is a quote from a site that is a gold bug. So take it for what it is worth. However I have read others very wary of long term holds in either of these. They like Sprott's ETF'S better.

     

    "The two ETF's that I follow are the GLD and SLV. You must be very careful in trading these vehicles as these funds do not have any beneficial gold or silver behind them. They probably have only paper claims and when the dust settles, on a collapse, there will be countless class action lawsuits trying to recover your lost investment.

     

    There is now evidence that the GLD and SLV are paper settling on the comex.

     

    ***I do not think that the GLD will head to zero as we still have some GLD shareholders who think that gold is the right vehicle to be in even though they do not understand the difference between paper gold and physical gold. I can visualize demand coming to the buyers side:

     

    i) demand from paper gold shareholders

     

    ii) demand from the bankers who then redeem for gold to send this gold onto China"

     

    http://bit.ly/MbtG2t The above taken from this web site..
    17 Feb, 11:35 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    DC,
    Right now Energy,Utility and metals,combination got some muscle.
    17 Feb, 11:38 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Gold is an art DC on (GLDX) i will ask someone who know,i was told to tell you stay with Canadian or US,(PHYS)probably the best place to start

     

    DC did you get the Presidential Sports Award ?
    17 Feb, 11:51 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    We're not spring chickens anymore but the training has carried us thus far,the Coaches,QB's ,Captain's instilled virtue in us their are more points,touch downs and scores we are responsible for until the Great Gipper tells us game over half time.
    17 Feb, 12:11 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5145) | Send Message
     
    Presidential Sports Award...I have not received this....I do run the weight room at HS five days a week for a group of senior athletes...this is during my planning time, so I get to work by 7 am to make up the lost time...
    I do my best to stay in shape and walk everyday with my sled dog...
    Perhaps I will submit for this award :)

     

    A good evening to all.
    17 Feb, 06:32 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    DC i hope we can score a touch with something on this list.
    16 Feb, 02:57 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT's"Holly Wood" Times, ya baby !
    16 Feb, 06:57 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Al,

     

    Here's two links for some ideas if you're looking to invest in diamonds:

     

    http://bit.ly/1g9lvVb

     

    http://seekingalpha.co...
    16 Feb, 10:13 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    John,

     

    I know guys who are saving up on gold and silver (coins) they say Al you know,ya i do see the point.
    16 Feb, 10:24 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » I just read AVI'S new SA article...That guy can sell you snowballs in the winter. Has more excuses and twisted stories then when my daughter was 10 years old.

     

    Why do people even follow that Elliott wave stuff anyway? He even doesn't like the 4th wave, whatever that is ..

     

    Waiting to read "I NAILED IT" !! though..

     

    Meanwhile the *IT FIB* expects markets to still stay range bound as the metals move another 10% higher in silver, 5% higher in gold...
    17 Feb, 11:15 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Any one see what gold and silver are doing today ??
    17 Feb, 10:37 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Oh man ! Good morning ! what do you think of the metals list i got from old sensitive western guys ???
    17 Feb, 10:39 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » AL

     

    I am just a physical collector. But it still seems that the metals have legs.. Are the shorts getting spanked??

     

    Wonder what the markets will look like tomorrow...
    17 Feb, 10:49 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Somebodies fighting back.
    I'm being told the metals will surpass uts strength.
    Kind of scary stuff.
    17 Feb, 10:50 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » Gold price highest since October, US sentiment turns positive

     

    The gold price climbed to the highest since the end of October in early trading on Monday, with the New Year rally now in its seventh week and the metal up for the seventh consecutive day.

     

    The spot gold price peaked at $1,329.95, supported by inflows into exchange traded funds, Chinese demand and news that central banks are again buying.

     

    It was last at $1,323/1,323.80 per ounce, up $4.60 on Friday's close. Since ending 2013 at $1,182.45, it has gained about 12 percent.

     

    "US clients are warming to gold," UBS analyst Joni Teves said. "That's not to say they're outright bullish - they're not, but the sentiment barometer (1-10 range) has moved from an icy one or two in January to a relatively warmer five or sometimes six."

     

    She attributed the improved sentiment in the US to several factors: no expectations of aggressive Federal Reserve policy; potential for the removal of the 80/20 rule in major consumer India; light investor positioning; emerging market risk; persistent Chinese demand; constrained future mine supply and tail risk hedging; as well as the perception of inflation or deflation risks.

     

    "[But] few have lofty price expectations, rather most are looking for gold to gradually climb higher this year; in a sense establish another range - just higher," she also said.

     

    The US will be largely absent from the markets on Monday for Presidents' Day.

     

    The data and events calendar is light, with the Eurogroup meeting providing the focal point. Earlier, Japan's revised December industrial production slipped to 0.9 percent.

     

    On Friday, ETF holdings fell a net five tonnes, though the total remains in positive territory for February - if it ends up this month, it will be the first time this has happened since 2012.

     

    Currency moves are also proving supportive of dollar gold, with the US currency falling to its lowest since January against the euro at 1.3724 earlier in the session. It was last at 1.3703.

     

    In other precious metals, platinum and palladium are supported both by overall positive sentiment in the complex and lingering strikes in major producer South Africa.

     

    The platinum price was up $3 at $1,423/1,428 per ounce and palladium gained $1 to $736/740.

     

    The silver price was last up 18 cents at $21.63/21.68 per ounce.
    17 Feb, 10:54 AM Reply Like
  • deercreekvols
    , contributor
    Comments (5145) | Send Message
     
    al roman,

     

    Thank you for the list...all that glitters is _____________.

     

    Looking for a boost in Port. Challenge by going with (NUGT). May purchase in "real" portfolio to get some exposure. Not a big stake, rather a prospector's share...

     

    Sunny and brilliant blue sky this A.M. in WNY...winter weather is knocking at the door, from what I can see...plow is full of fuel and driver is on-call, as always...

     

    Enjoy the day everyone. Stay safe and warm out there.
    17 Feb, 10:58 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Alright,Morning.
    17 Feb, 11:01 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT,

     

    Fly on my sweet Angel,fly on through sky.
    Gods speed man.
    17 Feb, 11:40 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    An (ARNA) 93% gain in one day and the SA team right on doesn't always happen we go about or mundane stuff keep our ears and eyes open keep the communication going and we will see.
    17 Feb, 12:45 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Big(DUK) releases earnings tomorrow.
    (PPL) slated for 2014 outperform
    (ED) teams up with Apogee interactive.
    17 Feb, 01:37 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Go (DUK)!

     

    (Very long the stock.)
    17 Feb, 02:00 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    I agree 120% John.
    17 Feb, 02:30 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Take a look (UIL).
    17 Feb, 02:34 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Nice looking chart and dividend. Adding it to my watchlist. Thanks!
    17 Feb, 02:58 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    I'm just checking roof clearing, checking in ,roof clearing that kind of rhythm,back to chap 53 then check chap 53 then back on the roof again,make a great song and movie.
    On the Roof Checking Chap 53.
    17 Feb, 03:01 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    "If I Were A Rich Man", I wouldn't go "Up On The Roof". ;)
    17 Feb, 03:26 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (712) | Send Message
     
    ...Other than to watch the Cubs lose at Wrigley in the summer...
    17 Feb, 03:28 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    I never want to see the top of a roof again after this.
    I just want to keep the snow under 24 inches that's the max loads,i've seen um cave in around here their all damming up at the gutter now,did whole interior paint this summer.
    17 Feb, 03:41 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    UIL 20% new construction and conversion a year they own all the gas in ct and half of mass. think they are eyeballing with NY.
    getting cozy.
    17 Feb, 03:45 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Al,
    Recommend next year you get heat strips installed so you won't have to do this anymore.
    17 Feb, 03:45 PM Reply Like
  • WMARKW
    , contributor
    Comments (10250) | Send Message
     
    John.....heat strips....man, just take the insulation out in winter, ha, ha.
    17 Feb, 04:58 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Wmark,

     

    That would increase the heating bill, and still result in ice dams in the gutters.

     

    I really don't miss living in the cooler climes.... :)
    17 Feb, 05:04 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2727) | Send Message
     
    OAG, you do realize I created the following, right?

     

    A Drinking Place

     

    http://bit.ly/1f6Wz4g

     

    Had to do something to laugh at my/Cubs misery!
    17 Feb, 05:50 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (712) | Send Message
     
    Doug, I like it! I did check out that website a few weeks ago too. You can even see people out there on the rooftops from your photos. But will the new scoreboard block out the rooftop fans?
    17 Feb, 06:11 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2727) | Send Message
     
    Not sure if it would or not. Some of them I think. Doesn't bother me a bit. If they moved Wrigley somewhere else it would bother me. But I don't live downtown Chicago like I used to.
    17 Feb, 09:12 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    This latest storm really broke and fractured quick,looks like we may be digging out spring ward and able to ramp up productivity.

     

    I hope the work force gets their moral back and has an attitude of tolerant sustainability.And upper level management does not feel the need to be resentful.
    18 Feb, 07:29 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    The problem is work and the attitude about,very expensive very destructive and very health care intensive.

     

    A leader or leader's that discourage work and it's fruits are your enemies and mine.
    18 Feb, 07:57 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Ya All better get on your knee's and saying your payer's Brother Fear & Greed is coming on like a Hurricane !
    18 Feb, 10:08 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    This market is getting ready for a major move !
    Wouldn't know, which way, honestly beats me, but something is cooking.
    19 Feb, 01:48 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Tom this baby ready to come out head body combo's i hope i'm ready stiff upper lip mate.
    19 Feb, 01:49 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Sorry Al I'm not smart enough to grasp what you just said.
    19 Feb, 01:56 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Your doing good Tom and toe to toeing ! That's what i meant,your right about comprehensive commodity view point.

     

    The top of the pyramid isn't everything it's the only thing just ask FEAR & GREED !
    19 Feb, 02:19 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    AL
    "The top of the pyramid isn't everything it's the only thing just ask FEAR & GREED !
    The challenge is a fun exercise but I trade for a living and that portfolio is the most important.
    From my broker there are only funds flowing out and non in!
    But again,took profits way to early today,as in the last months,which if I just get over that road block,could have taken the month of and enjoy life. And hell that's on one trade!
    19 Feb, 03:01 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    From the Bottom up ! The Utilities
    19 Feb, 03:08 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Al
    Yesterday was watching NG and decided if futures would hold at $5.45 to go long (UNG), however did not follow through.
    I got a lot to learn,plenty of improvements to be made.
    Hope (UNG) will tread you well.
    19 Feb, 02:03 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    After this rain and muck futures cast says 15 below normal for MW & NE until march a refreeze.
    19 Feb, 02:15 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Yes,basically some underperformers of the last years , asset classes that lost public interest,are getting quietly pushed up.As of gas,I'm more looking for a short entry.Future curve is in steep backwardation,the future market has very smart participants,unlike stock market where people are willing to own a company that operates at a loss,maybe never earned anything ever.Could twitter fall into that category?
    20 Feb, 03:30 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    AL
    tried to post the above last evening (@GMT+1) but SA had some issues.
    Wetter can change quickly.
    I'm uncertain of NG,that's probably why did not commit to a trade.
    But have a look at future curves of coffee. Could imagine other agricultural commodities look the same,although will have a look myself this morning.
    20 Feb, 03:42 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Tom 10% on (JO) that's more than a gamble it's good work,agriculture is under some stress from this winter and CA's drought,Nat Gas is a tough one always.
    20 Feb, 06:46 AM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    AL
    actually in real life it came to about 14(first in 8.5%,second 5.5%) in 24 hours, but holding to close would have been ~25%.
    I don't see trading as gambling,work too hard and don't just throw darts randomly.  Besides through day trading watched price action / charts for several thousand hours.
    I think with time you develop skill through experience in trading where with roulette you can't because it's random.
    I meet once a pocked player that was kicked out of Las Vegas casinos,because he could memorize cards and kept wining that's a skill he had.
    Nice to chat with you
    20 Feb, 08:04 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Choppy market today... Can't seem to make up its mind. I have a feeling I will end up in the red, though.
    19 Feb, 02:25 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Choppy like a punch drunk slug fest.
    19 Feb, 02:45 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    For this week,don't see it in the red,but if it is getting ready to correct harder, it will probably cause as much pain as possible,before hand.
    Kinda like someone is pushing you of a cliff and your holding on to them to drag them with you.
    Just my opinion
    19 Feb, 03:10 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Just like Apocolypse Now either surf or go into the market.
    19 Feb, 03:10 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    3:30 on is white knuckling time...
    19 Feb, 03:25 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    IT
    are you busy figuring out what to do next to reclaim 1st place?
    Show us a move!
    19 Feb, 03:36 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    NO we are a team,i got it going sorry,IT Sir ! good afternoon.
    19 Feb, 03:47 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TOMMY

     

    Been out of town for the week. Got some plans for tomorrow as well. Gonna have to catch up but have been following the markets and they seem stagnant..

     

    Plan right now is to stay with (PSEC) and collect the dividend monthly.. We shall see how that works out
    20 Feb, 03:04 PM Reply Like
  • tommyinexile
    , contributor
    Comments (414) | Send Message
     
    Good for you,enjoy!
    20 Feb, 03:08 PM Reply Like
  • Tack
    , contributor
    Comments (12742) | Send Message
     
    IT:

     

    Stagnant? SPX up 5.75% in 17 days. That's stagnant?
    20 Feb, 03:10 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » TACK

     

    I meant this week...I had no internet service and just saw closing prices.. How much has the SPX been up this week?
    20 Feb, 03:14 PM Reply Like
  • Tack
    , contributor
    Comments (12742) | Send Message
     
    This "week" has been less than 3 days. Hardly counts.
    20 Feb, 03:16 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » T

     

    Well my comment was about this week.. I have been out of town.

     

    I think you misunderstood it..
    20 Feb, 03:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » T

     

    SPX year to date??
    20 Feb, 03:26 PM Reply Like
  • Tack
    , contributor
    Comments (12742) | Send Message
     
    Flat, to the penny.
    20 Feb, 03:31 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10162) | Send Message
     
    Author’s reply » T

     

    I know you mentioned a while back that you thought it was profit taking . Has your opinion changed?

     

    I know 2 months doesn't make a direction. But did you expect a flat market?
    20 Feb, 03:51 PM Reply Like
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