Agree with others- excellent post. But it is complicated, is it not? We can talk about the muslims but if we are discussing religion and "religious freedom", take the catholic church for example. The same arguments apply, and it is in some ways "closer to home." At times persecuted, many times the persecutor for hundreds of years. Thousands of allegations of pedophilia and child abuse and not a lot of convictions... Imagine another organization that wasn't a "religion" getting away with sweeping something like that under the carpet. It just wouldn't happen. And why should taxpayers foot the bill for pelosi to "meet with the pope." Not bashing a religion, just trying to make a point about religion in general and it's influence/role in our government/society.
Agree with others- excellent post. But it is complicated, is it not? We can talk about the muslims but if we are discussing religion and "religious freedom", take the catholic church for example. The same arguments apply, and it is in some ways "closer to home." At times persecuted, many times the persecutor for hundreds of years. Thousands of allegations of pedophilia and child abuse and not a lot of convictions... Imagine another organization that wasn't a "religion" getting away with sweeping something like that under the carpet. It just wouldn't happen. And why should taxpayers foot the bill for pelosi to "meet with the pope." Not bashing a religion, just trying to make a point about religion in general and it's influence/role in our government/society.
Found a pretty neat chart resource (free) that many will be interested in.
Includes indices, sectors etc as well as some individual stocks within a given sector (i.e. miners).
I don't seem to have as many trading ideas (at least good ones) as some of the regular posters here, but this looks really promising and may be of interest to those trading the juniors. Good and pretty consistent drill results, excellent volume/accumulation, and just broke out of a decent base. See attached chart.
FD: have a small 1500 sh position (now wishing it was much bigger) at avg cost of 5.78. May add a bit more on a pullback.
Not trading advice (or a pump), just an idea to consider.
Gosh who knows. I value both sides of the debate and appreciate your post because I have no conviction right now.
Perhaps I'm overly simplistic in what and how it influences me, but we've just seen a tremendous bounce off the lows with no real change for the better. Just the ongoing elimination of the middle class. Higher taxes, high unemployment, more and more intrusion and banksters bailed out.
Then you have the likes of MSNBC issuing propaganda pieces such as this (the same network that hid the race of a protestor to misrepresent the issue and create unwarranted and inappropriate racial tension.) A contrarian sell or short signal if I've ever seen one...
GL with the trade. Another option (no pun intended) would be to write some puts. Just a cursory glance shows 1/2012 $10s going for $0.50 a contract. Even if your bearish on the market in general, seems like a nice way to hedge against a "recovery." Plus you have the options decay working in your favor (i.e. one of the main reasons most people lose money trading options). I also note the 10/2010 $17s @ 0.46. Just something to consider. Not trading advice as I'm a novice still learning the ropes.
I credit Bill for introducing me to the valuable strategy of writing puts when appropriate. (Credit to Bill not to be construed as an endorsement in any way for writing puts on INTC here) though I would be keenly interested in his thoughts on the matter.
I've been burned by UNG. Not saying it can't be played for a bounce but take a look at the attached chart. Plus the tax handling of it is a hassle because it requires handling it like a partnership (same applies to USO, DBA and others).
Thanks for the post, insight, and interesting links.
Here is my dilemma, which may apply and be of interest to much of the readership:
My employer sponsored retirement plan option which I have "chosen" is with Fidelity. The funds I can choose from range from target-date funds, to sector funds etc. Noticeably absent is a "cash" option.
Given my feeling of impending doom for the stock market and economy, I have chosen to put most of my funds in a short-term bond fund...
Question is...How vulnerable is this to a bursting of the "bond-bubble?"
Perhaps it will be a good candidate for a put-write soon. If shares are put to you, they also appear to have a decent dividend while you wait for the stock to recover...
Thanks for the link- that was very entertaining! The important point is that one needs to remain skeptical of ALL of the media. It's the same charade that sustains our vampire squid bipartisan political system. Democrats vs Republicans while the real owners of this country win whoever is in office. While deluding people into believing they have a "choice" and it's just a matter of electing the right candidate.
FOX news is the bad guy now, but their political opposite MSNBC is no hero either...
In case you missed it, check out this propaganda piece from MSNBC. Apalling, truly. Are they trying to create racial tension?
And when Boobus Americanus isn't distracted enough by this crap, he can hear about the latest NFL draft, watch Real Golddiggers of Orange County, or any of the other crap spewing from the idiot box.
Very interesting read. Thanks for the post. Some of her advice seems bad and perhaps she is a bit of a kook but a lot of the material resonates with me. Worth reading for the quotes alone...thanks again.
Interesting that even though the bid was sneered at, the stock price remains not far from where it opened on the news.
Made a small bet that the pop will fizzle (at least enough to make a trade) - bought a few near exp $135 puts with the "gambling money" I permit myself in an account.
You still following this one? Appears to be on sale right now, but trying for a bounce. Still losing money but at a lesser pace... Do you still like the company here? I'm not sure what to make of it all. In addition to the financial challenges and economy etc, there seems to be a trend in the fitness world away from "machines" (i.e. crossfit, p90x, insanity, etc.) Aging boomers- demographics could potentially come into play. Interested in your thoughts...
Just pulled up a chart and was stunned to see it traded at like 0.12 or so at the bottom of the plunge 3/09 (or perhaps it has split since then) but in any case, wow, wouldn't it have been nice to pick up a few 100k shares at that price...
Thanks for sharing- that was a fascinating lecture. Off topic but an excellent contribution and everyone should watch it and learn. Really good stuff! The link below should take you there directly. I avoid processed foods like the plague. If the list of ingredients is too large or it contains preservatives, dyes, high fructose corn syrup, aspartame or any other crap it stays on the shelf. While grocery shopping, we need to remember that these companies (e.g. Coke) are in business to make money for themselves, not promote our nutrition, health, or well-being.
Thanks again for sharing.
Some of these food companies are to your health as HB&B are to your finances...
Love blackjack. I've often thought that there are similarities between casino gambling and investing in the stockmarket. Here are a few anecdotal observations:
1. There is luck involved. If you stay at the table making bet after bet, eventually the statistics will catch up and you will lose money.
2. At times, you just need to make a large bet. That's the only way to make any significant amount of money. (because #1 applies.)
3. At the casino, pigs get slaughtered as well. When I'm "up", I always set aside a few chips so that I at least leave with something, even if it's only $20. If I have a few good runs, I'll add to the "off the table" money. The same probably applies with scaling out of positions in the stock market.
4. Perhaps the main difference, and hence the appeal of the stock market to me, is that it's not just about statistics, but about fear and greed and fundamentals and technicals. So perhaps you stand a better chance...
5. Final observation- No free drinks when investing vs playing blackjack.
It's quite simple. I wrote some puts early in the week on MSFT and JPM. Then panicked out when the market plunged 250 pts the next day instead of doubling down like I should have. Would have made some nice coin, but instead lost yet a little more. I've never been more confused. Going to cash except for a few core holdings until I can get my head straight on this crazy market.
Agree with others- excellent post. But it is complicated, is it not? We can talk about the muslims but if we are discussing religion and "religious freedom", take the catholic church for example. The same arguments apply, and it is in some ways "closer to home." At times persecuted, many times the persecutor for hundreds of years. Thousands of allegations of pedophilia and child abuse and not a lot of convictions... Imagine another organization that wasn't a "religion" getting away with sweeping something like that under the carpet. It just wouldn't happen. And why should taxpayers foot the bill for pelosi to "meet with the pope." Not bashing a religion, just trying to make a point about religion in general and it's influence/role in our government/society.
Agree with others- excellent post. But it is complicated, is it not? We can talk about the muslims but if we are discussing religion and "religious freedom", take the catholic church for example. The same arguments apply, and it is in some ways "closer to home." At times persecuted, many times the persecutor for hundreds of years. Thousands of allegations of pedophilia and child abuse and not a lot of convictions... Imagine another organization that wasn't a "religion" getting away with sweeping something like that under the carpet. It just wouldn't happen. And why should taxpayers foot the bill for pelosi to "meet with the pope." Not bashing a religion, just trying to make a point about religion in general and it's influence/role in our government/society.
Found a pretty neat chart resource (free) that many will be interested in.
Includes indices, sectors etc as well as some individual stocks within a given sector (i.e. miners).
Check it out.
KC
http://breakpointtrades.com/market_lab/index.php/a...
I don't seem to have as many trading ideas (at least good ones) as some of the regular posters here, but this looks really promising and may be of interest to those trading the juniors. Good and pretty consistent drill results, excellent volume/accumulation, and just broke out of a decent base. See attached chart.
FD: have a small 1500 sh position (now wishing it was much bigger) at avg cost of 5.78. May add a bit more on a pullback.
Not trading advice (or a pump), just an idea to consider.
KC
Wow! Watched it several times- still can hardly believe that sound was coming from a 10 year old girl. Stunning...
Re: Being bullish
Gosh who knows. I value both sides of the debate and appreciate your post because I have no conviction right now.
Perhaps I'm overly simplistic in what and how it influences me, but we've just seen a tremendous bounce off the lows with no real change for the better. Just the ongoing elimination of the middle class. Higher taxes, high unemployment, more and more intrusion and banksters bailed out.
Then you have the likes of MSNBC issuing propaganda pieces such as this (the same network that hid the race of a protestor to misrepresent the issue and create unwarranted and inappropriate racial tension.) A contrarian sell or short signal if I've ever seen one...
http://www.msnbc.msn.com/id/38905293/ns/business-e...
edit: another take on PE ratio and "dirt-cheap" stocks
http://myprops.org/content/The-PE-Ratio-RIP-And-Go...
GL with the trade. Another option (no pun intended) would be to write some puts. Just a cursory glance shows 1/2012 $10s going for $0.50 a contract. Even if your bearish on the market in general, seems like a nice way to hedge against a "recovery." Plus you have the options decay working in your favor (i.e. one of the main reasons most people lose money trading options). I also note the 10/2010 $17s @ 0.46. Just something to consider. Not trading advice as I'm a novice still learning the ropes.
I credit Bill for introducing me to the valuable strategy of writing puts when appropriate. (Credit to Bill not to be construed as an endorsement in any way for writing puts on INTC here) though I would be keenly interested in his thoughts on the matter.
KC
I've been burned by UNG. Not saying it can't be played for a bounce but take a look at the attached chart. Plus the tax handling of it is a hassle because it requires handling it like a partnership (same applies to USO, DBA and others).
Just some thoughts. GL with your trading.
KC
Thanks for the post, insight, and interesting links.
Here is my dilemma, which may apply and be of interest to much of the readership:
My employer sponsored retirement plan option which I have "chosen" is with Fidelity. The funds I can choose from range from target-date funds, to sector funds etc. Noticeably absent is a "cash" option.
Given my feeling of impending doom for the stock market and economy, I have chosen to put most of my funds in a short-term bond fund...
Question is...How vulnerable is this to a bursting of the "bond-bubble?"
Perhaps it will be a good candidate for a put-write soon. If shares are put to you, they also appear to have a decent dividend while you wait for the stock to recover...
Thanks for the link- that was very entertaining! The important point is that one needs to remain skeptical of ALL of the media. It's the same charade that sustains our vampire squid bipartisan political system. Democrats vs Republicans while the real owners of this country win whoever is in office. While deluding people into believing they have a "choice" and it's just a matter of electing the right candidate.
FOX news is the bad guy now, but their political opposite MSNBC is no hero either...
In case you missed it, check out this propaganda piece from MSNBC. Apalling, truly. Are they trying to create racial tension?
http://www.youtube.com/watch?v=UYKQJ4-N7LI
compare with...
http://www.youtube.com/watch?v=7syx26QtQIM&feature...
And when Boobus Americanus isn't distracted enough by this crap, he can hear about the latest NFL draft, watch Real Golddiggers of Orange County, or any of the other crap spewing from the idiot box.
KC
Wow that's an ugly chart (HPQ - see attachment.) Have it on my watch list for a potential put write- Nov 36s are fetching about $1.25.
KC
Very interesting read. Thanks for the post. Some of her advice seems bad and perhaps she is a bit of a kook but a lot of the material resonates with me. Worth reading for the quotes alone...thanks again.
KC
Interesting that even though the bid was sneered at, the stock price remains not far from where it opened on the news.
Made a small bet that the pop will fizzle (at least enough to make a trade) - bought a few near exp $135 puts with the "gambling money" I permit myself in an account.
We'll see.
KC
TOF-
You still following this one? Appears to be on sale right now, but trying for a bounce. Still losing money but at a lesser pace... Do you still like the company here? I'm not sure what to make of it all. In addition to the financial challenges and economy etc, there seems to be a trend in the fitness world away from "machines" (i.e. crossfit, p90x, insanity, etc.) Aging boomers- demographics could potentially come into play. Interested in your thoughts...
KC
re:PIR
Just pulled up a chart and was stunned to see it traded at like 0.12 or so at the bottom of the plunge 3/09 (or perhaps it has split since then) but in any case, wow, wouldn't it have been nice to pick up a few 100k shares at that price...
Barry,
Thanks for sharing- that was a fascinating lecture. Off topic but an excellent contribution and everyone should watch it and learn. Really good stuff! The link below should take you there directly. I avoid processed foods like the plague. If the list of ingredients is too large or it contains preservatives, dyes, high fructose corn syrup, aspartame or any other crap it stays on the shelf. While grocery shopping, we need to remember that these companies (e.g. Coke) are in business to make money for themselves, not promote our nutrition, health, or well-being.
Thanks again for sharing.
Some of these food companies are to your health as HB&B are to your finances...
http://www.uctv.tv/search-details.aspx?showID=1671...
KC
Love blackjack. I've often thought that there are similarities between casino gambling and investing in the stockmarket. Here are a few anecdotal observations:
1. There is luck involved. If you stay at the table making bet after bet, eventually the statistics will catch up and you will lose money.
2. At times, you just need to make a large bet. That's the only way to make any significant amount of money. (because #1 applies.)
3. At the casino, pigs get slaughtered as well. When I'm "up", I always set aside a few chips so that I at least leave with something, even if it's only $20. If I have a few good runs, I'll add to the "off the table" money. The same probably applies with scaling out of positions in the stock market.
4. Perhaps the main difference, and hence the appeal of the stock market to me, is that it's not just about statistics, but about fear and greed and fundamentals and technicals. So perhaps you stand a better chance...
5. Final observation- No free drinks when investing vs playing blackjack.
;)
KC
This is a great song (irrespective of politics...)
Cheney's Toy
http://www.youtube.com/watch?v=aKUE0RTuw24
Give it a listen, and enjoy.
KC
It's quite simple. I wrote some puts early in the week on MSFT and JPM. Then panicked out when the market plunged 250 pts the next day instead of doubling down like I should have. Would have made some nice coin, but instead lost yet a little more. I've never been more confused. Going to cash except for a few core holdings until I can get my head straight on this crazy market.
KC