Saut: Sell Financials, Gold; Some Buy Ideas [View article]
There is no investing anymore Jeff, just speculating. Harry Dent is being borne out by this market, last commodity spike before the depression coming is now here. Bubble money will flow back into commodities where they can short/speculate etc. without fear of gov't restriction. JNJ? any stock sitting in near-high range with ONE little disappointment is going to be slammed. One bad thing comes up, this stock gets hit back to 62 fast. I would rather own PFE with all it's cash. Cash is king. Cisco, Exxon, PFE etc. co's with Cash and no or little debt will clean up soon leaving others in the dust. Manulife, MET, PRU, they would love to lend a few billion at 5-6% now to a AAA company like PFE buying out say SNY or someone. Long gold, silver, Canroys, PAL, SWC, ZINC( a baby cash hoard) QID and MZZ, working for me! looking to sell down QID and MZZ profits then will add to strong blue chip players for long term holdings.
Saut: Sell Financials, Gold; Some Buy Ideas [View article]
JNJ? any stock sitting in near-high range with ONE little disappointment is going to be slammed. One bad thing comes up, this stock gets hit back to 62 fast. I would rather own PFE with all it's cash. Cash is king. Cisco, Exxon, PFE etc. co's with Cash and no or little debt will clean up soon leaving others in the dust.
Manulife, MET, PRU, they would love to lend a few billion at 5-6% now to a AAA company like PFE buying out say SNY or someone.
Long gold, silver, Canroys, PAL, SWC, ZINC( a baby cash hoard) QID and MZZ, working for me! looking to sell down QID and MZZ profits then will add to strong blue chip players for long term holdings.