Investors....come in please!

[JHZR2]

two opposing forces - end of year rallye versus looking like its time to retrace a bit before making another move.

IMO we've established good support at somewhere in the low 10xxx's. The question is how much we retrace before going higher, and/or if we just bounce in this range.

 

[Pablo]

Enjoy all your recent return of capital!

 

[JHZR2]

Originally Posted By: Pablo
Enjoy all your recent return of capital!


Im tempted to play dividend stripping in some cases given the zigzag characteristic of the market.

But the research and timing needs to be right, and I dont have the time for it.

 

[Warstud]

We should get a big move in the market soon but not sure what direction. Tommorow should tell us.

 

[Warstud]

Originally Posted By: JHZR2
IMO we've established good support at somewhere in the low 10xxx's.


What exchange are you referring to? The Dow closed today at 12096.

 

[Warstud]

Would have been nice to get into RMBS today at $4.00...closed at $7.11

 

[JHZR2]

Originally Posted By: Warstud
Originally Posted By: JHZR2
IMO we've established good support at somewhere in the low 10xxx's.


What exchange are you referring to? The Dow closed today at 12096.


No kidding, but look at Aug through Oct. It was a zigzag with some big change days, and if it was going to drop below 10k in earnest, wouldn't it have happened then?

 

[Pablo]

I did a little nibbling at the end today. Let's see this pig go lower. I even bought a little SDRL, FTR, and then some bondie junk.

 

[Turk]

I thought about it, but the guy I partner with was off today. Want to calculate intrinsic value first.

I'm happy with my ~37% gain (+ lots of Dividens) in MO & a modest gain in HRB.

I think she's going quite a bit lower, IMHO.

We'll see...

 

[Pablo]

Everything I buy pays me. Let's face it, if you have over say, $200K or more just sitting in cash, you are being more risky than owning a pile of MP's, some dividend paying stocks, bonds, yield paying RE, etc. That's what I was mentionin to JH. When ETP, PAA, EPD, etc start doing "return of capital", those are not small chunks of change, mix in some preferreds.....and well sure it flexes with the market a bit. But not even 1/4 of what the averages have been doing lately.

 

[Turk]

Year-end rally beginning, or a sucker rally before Europe implodes?

 

[Drew99GT]

I wish this sucker would break out one way or the other.

 

[Turk]

I think we'll tailspin because of Europe, and then, we'll be set-up for a Santa Clause rally.


http://www.ft.com/cms/s/0/25ab975a-1a9f-11e1-ae14-00144feabdc0.html#axzz1f99JvihV

 

[Turk]

Looks like the ECB helicopter'd in a trump card.

Are they buying time or is it all duckies & bunnies now?

 

[JHZR2]

Nothing like fiddling while Rome burns.

Rothschilds will still make money no matter what.

 

[Pablo]

Well, illusion or no, I made money so far this week. Glad I bought in on Wed/Friday. Now...when to sell??

 

[Drew99GT]

We need to get some follow through days on big days like today, but I think it'll teeter totter some more. I read some articles this afternoon about the CB moves and it's essentially a band aid for the Euro. It averted catastrophe for the time being. Loaning them more money... It's like a gambler addicted to the casino. Not going to fundamentally fix the underlying problem. I dipped back into metals a bit; central banks are back to throttling up the printing presses.

 

[Turk]

Yea, treating debt with more debt. Uh-huh. Yep, that's the ticket.

 

[Turk]

Originally Posted By: Pablo
Well, illusion or no, I made money so far this week. Glad I bought in on Wed/Friday. Now...when to sell??

I made some also.

Sold 1/2 my AMED with it's 13.7% gain today.

 

[Warstud]

Should see a selloff tuesday.