Kayboe

Long/Short Hedge Strategy for Smaller Cap Stocks

Great interview from Wall Street Transcript. This is the kind of info that can really help the individual trader. Yes Mr. Bitzer is touting his "book" but he really makes his case that these stocks have further to run. -I'd like to hear about his shorts as well!

Investor Psychology and Market Expectations

This is one of the best summations of the current markets I have read in Seeking Alpha or for that matter in any publication.

Further conclusions I got from this piece:
1. Stop watching financial television.
2. Don't trade this market unless you're already a trading pro. (You'll be killed!)
3. Hold your nose and buy quality value in small, medium and large caps on significant down days, (of which there are plenty). Try to average in.
4. Don't panic sell -no matter what happens.
5. Review your portfolio less than you do now.

Goldcorp: A Shining Star in a Dismal Market

GG has mantained much of its stock value over this year -while most other precious metal miners have not. I like the lower debt of GG mentioned by GMiki. -I'm buying on dips.

What Companies Will Benefit from Obama's Vision?

TEVA will shine as very bright spot in the generic drug arena -in an otherwise terrible stock market. So too will the ETF's XBI, (biotech) and PBW, (clean energy). Previous comments herein provide solid contratrian fodder. Just hold your nose and buy'um.

Pharmaceuticals: Pfizer Is a Buy

A slug of PFE is owned by the Fairholme Fund. Fund is managed by very sharp, Bruce Berkowitz. FAIRX is a concentrated fund, (up 13.4% annually over last 5 yrs.), and PFE represents over 10% of its current stock holdings. Yeah I own FAIRX and PFE. And I bought more PFE at the end of Monday, crash day, 9/29/08.

ETF Update:Bailout Implications

This being Tuesday, 9/30/08 -we all know what happened yesterday. Nice call Jeff with PSQ, SH and DOG! For gold it turned out that GLD was a better choice than GDX. "Can't win-um all." *Still good calls overall.

Charts Gone Wild

Market is down again today. Trend followers should remain bearish while long-termers should use these panics to pile in!

Biotech ETFs: Can You Handle 209% Volatility?

I too am long XBI because I believe the only way to invest in biotech is with an ETF or standard mutual fund. I have a fairly tight stop on this one and it makes up only a small percent of my total portfolio.

Skeptical This Relief Rally Has Legs

RE: Jim Grants lament in the WSJ

I think John and Jane Q. Public are afraid to complain. Perhaps someone who wants to complain works for or manages an American auto manufacturer. Go ahead complain that the government is bailing out investment bankers. Do that and the Bush bureaucrats might get even -by not bailing out that auto company you work for! Need votes in Iowa -go with ethanol. So what if this ends up costing all of us more and provides less food for the world. And so what if many rich fat cats stay rich because their investment bank wasn't allowed to fail -like any other small business would. This is how the current administration operates. Plain and simple. And when the Dems win in November -they can't wait to get in on this type of action. Action they have been missing for 8 years! All Jim Grant is really pointing out is the fact that the lobbiests are busy - simply doing their jobs.

Homebuilders Hands in Congress' Pocket?

I too disagree with this obvious bail-out of the homebuilders, Reminds me of the Fed Reserve bail-out of Bear Stearns. On the other hand I'm not so sure I'd be shorting the XHB given the strong, positive action of its chart lately. Sure looks like it's headed up -at least short term.