agree with captain ccs: the point (a point) of buying dividend stocks is to take advantage of long term compounding. A ten year period would be more persuasive.
The Oil Bubble Will Meet the Same Fate as Tech, Housing [View article]
A very well written and cogent argument. Against the argument that the bubble will burst soon are the facts that US demand no longer dominates the market and demand around the world is buffered by subsidies in many countries. But I agree with the sentiment.
By the way, I made a 60 year crude oil chart today on a log scale and found a nice little channel (big channel actually) with resistance bang on 140 or thereabouts. It will be interesting to see if it is borne out by a top in the coming months.
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I would have thought that the lack of extreme reaction would be taken as a sign of bullish divergence, rather than a sign of continued bearishness. The very mild new hi-new low ratio last Friday also suggests bullish divergence. See a chart of GE and a filtered new hi new lo histogram on my website.
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The yield is a ten year record. The previous high was in February 2003, when the stock was making the second of a double bottom. Check out bigcharts.com. Use the interactive chart option. Select Yield in the 'lower indicator' option and you can see the yield over the last 10 years. Pretty nifty.
GE Earnings: Industrial Bellwethers Are Now Getting Hit [View article]
The yield is a ten year record. The previous high was in February 2003, when the stock was making the second of a double bottom. Check out bigcharts.com. Use the interactive chart option. Select Yield in the 'lower indicator' option and you can see the yield over the last 10 years. Pretty nifty.
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By the way, I made a 60 year crude oil chart today on a log scale and found a nice little channel (big channel actually) with resistance bang on 140 or thereabouts. It will be interesting to see if it is borne out by a top in the coming months.
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