datalink1995

Down to Three Positions, I'm Ready for End of Bear Market

You bot CVD at a good entry point. If you have a stop loss of 16%, why don't you take profits of say a 1/3 when you have a 20% gain, another 1/3 at 40% and so on? This will make some profit for you.

You bot IMO in a declining trend. Why try to catch a falling knife? It seems to me that you don't have a trading plan except to sell at 16% loss.

In this market I would be sitting on cash or trading the short ETFs.

I would wish you good luck. But you really need more than luck if you want to survive in this market.

ETF Update: Financial Sector Shows Strength

Don't fall for the head fake bounce in Reg Banks-Financials.

ETFs Trading at a Discount With Hope

All the ones I checked at ETFconnect.com show a PREMIUM not a discount.

Save Money on Gas - Drive More Slowly

I have a 1998 Dodge Grand Caravan. Before the sharp rise in gas I was a “low end” speeder, exceeding the posted limits by about 5mph and getting 22.56 mpg on a combined city and interstate highway travel. I then slowed down to going 5 mph UNDER the posted limits on the interstate (staying in the right hand lane at all times) and maintaining the speed limit in town. My mpg went up to 24.7 mpg! That is 9.49% increase. I’m sure that on a long trip using interstate only I’ll get over 25 mpg.

I also did all of the other things in the article, like anticipating stop lights, a light foot on acceleration (if you have a tachometer, use it to get out of the low gears). What the author said about the most economical speed range was right on. 45 to 60 is the most economical.

Also make fewer trips by planning and grouping your trips around town.

And driving around your own city the time differences are insignificant.

Oil Bubble Breaking? Barron's Outlines the Case, But the Argument is Weak

Instead of blaming speculators and the oil industry for high oil cost, blame our government and tree huggers for banning offshore and Alaska drilling and no new nuclear generating plants in over 25 years.

While you are looking to spread the blame; Go to the not-so-big-three auto makers who did not take their profits over the last 30 years to develop fuel efficient vehicles.

Then after you have blamed everyone, look in the mirror. Chances are that you are driving a gas-guzzler. And if you are, you are likely to want to use the excess power of your vehicle to exceed the speed limits to burn even more gas.

There have been speculators long before any of us were born. They can’t corner the oil market. Eventually they have to take delivery, and the cost of storage would break the price.

So wise up.

ETF Opinion: Extreme Bearishness Will Tell You When to Buy Again

What chart is he reading? March S & P 500 ended at 1323.

$125 Oil Not Sustainable for the Time Being

If oil production is 85mbpd and demand is 87 mill, doesn't that mean that someone is left with an empty fuel tank? I haven't seen any lines at the gas stations waiting on fuel like we had in the 70's. Can somone explain this to me?

Thursday Outlook: Crude Awakening

Our country is sending $600 billion for imported oil to countries that, for the most part, hate us. I read somewhere that if we were able to tap in to all the off shore and Alaska oil that it would only reduce our imports by 20%, and would mean very little to our trade imbalance. If you take 20% of $600 billion, that is $120 billion. That is a sizable sum! We need to ignore the tree huggers and tap this source.

If I were a presidential candidate I would be making the following campaign promise.

1. Since oil is a natural resource like our forests and national parks, I would establish a Federal Trust under the Dept. of Energy to develop and manage the oil which would be sold at market prices. In effect, nationalizing these oil wells. No I’m not a Socialist.
2. The money would go to the states bordering the wells and to Social Security, Medicaid, and other entitlements that are running out of money.
3. Lift the ban on construction of new refineries.

Of course this will never happen because none of the candidates have the guts to go up against all of the special interests who would be adversely affected by a plan like this.

Hey…but what the heck do I know!

Naked Shorting Comes Full Circle

Why not ban the "no up tick" rule as well? That coupled with the naked short will kill the market (like 1929 all over again...it CAN happen).

Thornburg's a Huge Bargain After Monday's Crash

What's the rush to buy?

I have never bought at the bottom and never sold at the top. I'm willing to wait for a trend. Today TMA closed down 4.49% to $3.40. My guess is that it will go down a bit more then level out until there is a clearer picture of the future for this company. The trend is your friend. Start going long at $4.05. I would not start buying till the downward trend reverses.

ETFs with the Highest Yields/Lowest P/E Ratios

The reason these yields are going up is because the market prices are going down. Does catch a falling knife have any meaning?

Reflections on GE's New Compact Flourescent Lightbulb

I bought 6 CFLs two years ago and ran them in a fixture with inc. bulbs. The CFLs lasted no longer than the inc. ones, and when they failed they burned at the juncture where the tube was joined at the base part. They were guanteed so I called the the mfg. and they replaced the three. But I'm not sold on the value. And unless they reduce the price or improve the quality I will not buy any more.