gthomas

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    • Sun Oct 26th 18:26 PM | Rating: 0 0
      Commented on:
      Protecting Your Portfolio: A Look at Four Safe Haven Investments
      I sold my GE stock on Friday as I can't stand watching it go down any further. With GE going to the fed window next week there is no telling what is going to happen to this stock. Could end up at $10 before this is over. Although I have taken a a significant loss the market is too eratic fo me, the average investor. I will keep this money in a fixed income device until I see some stability or upward trend. Where we are in the recession is anyones guess but it will surely be late "09" before we see any turnaround. With the GE sale I am now 70% in cash and intend staying there. The remainder of my stocks are high dividend paying and have paid for the stock many times over so I feel no need to sell them. I believe Jim Cramer said this is not an investors market but a traders market. I'll wait until it returns to an investors market and take my %5 in the meantime.
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    • Sun Jun 8th 16:24 PM | Rating: 0 0
      Commented on:
      How Gas Price is Affecting Pickup Trucks
      We, the greatest country in the world are addicted to oil and the supply of cheap oil is at an end. Like most addicts we are looking for our next fix and are willing to lie to ourselves to get it. We need to suck in our egos, get off oil and get back to business. I don't feel the least sympathetic toward Detroit as they have had plenty of time to develop the hi-mileage vehicles we need and frittered it away while the Toyotas of the world engineered the Pris. Whatever is driving gas towards $5 will force Detroit to give us what we need or we and they will go out of business.
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    • Mon Jun 2nd 21:15 PM | Rating: 0 0
      Commented on:
      Eaton: Unappreciated New-Age Stock - Barron's
      Comparing the two my bet is on GE. looks like Eaton is at it's fair value today. Similiar PE's. GE div. Kick A.. Jeff E. has positioned the business for dramitic growth in the future. Sorry Eaton no sale here
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