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I agree with David Van K's comment above. The only stocks that interest me in this article include Realty Income (O) and Western Gas (WES), which are both on my watchlist.
Both are in sectors that are not currently in favor (REITs due to the fear of the commercial real estate sector meltdown that many are expecting, and Natural Gas because of the lack of demand and recent drop in future prices). Now would be the time to buy shares of those stocks before the tide turns.
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You sound like an angry bear with no rational reason given for shorting any of the stocks mentioned. I agree that there will be some downward movement in the market at some point, probably soon. But why pick on ASTI and DSTI? Did you lose some $$ on them in the past?
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I agree with alphameister - I just sold my shares of YGE for a small profit, but will look to add more when the pullback brings the price back down to another trough - probably in the $3-4 range, looking at the chart provided. Not a buy and hold sort of stock - in this market.
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I own shares of NM and PRGN. It may be possible to make some bucks on a swing trade on DRYS, but I would not expect them to be solid long-term. Cramer does have a way of bringing attention to stocks in the news - even if he is wrong more often than not.
I think that Jeff's summary - mixed with optimism, sums it up pretty well. I would not go "all in" yet, but some selective buying of a few oversold stocks that have long-term potential, and especially those thay pay dividends while you wait, is the way to go.
All you bears can whine away at any hint of optimism - that just helps to confirm my feelings that now is a good time to buy a few shares here and there while this choppy, range-bound market figures out a direction.
MLPs Entering 2009: High Yields Carry High Levels of Risk [View article]
I very much agree with einstein's comment. No risk, no reward! I also recently bought shares of CanRoys - HTE and AAV. Also picked up shares of PRGN. Looking at some shares of ETP, and WES if the price drops a bit more. They all have very high dividend payouts, which might get cut, but until they do they are practically paying me to own them. When the market dips again, as it is likely to do in January, I will try to add to my positions of high yielding energy and shipping stocks.
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Both are in sectors that are not currently in favor (REITs due to the fear of the commercial real estate sector meltdown that many are expecting, and Natural Gas because of the lack of demand and recent drop in future prices). Now would be the time to buy shares of those stocks before the tide turns.
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All you bears can whine away at any hint of optimism - that just helps to confirm my feelings that now is a good time to buy a few shares here and there while this choppy, range-bound market figures out a direction.
MLPs Entering 2009: High Yields Carry High Levels of Risk [View article]
I also recently bought shares of CanRoys - HTE and AAV.
Also picked up shares of PRGN.
Looking at some shares of ETP, and WES if the price drops a bit more.
They all have very high dividend payouts, which might get cut, but until they do they are practically paying me to own them.
When the market dips again, as it is likely to do in January, I will try to add to my positions of high yielding energy and shipping stocks.