Investors....come in please!

[Pablo]

I've bought a little lately.....

Anyway - I had the worst of the worst yesterday - suddenly a company announces they will float five million more shares........ah crap!!!!!!!! Stock dives - but alas I doubled my position at the bottom and it's marching back.

Also GUYS - check out PHO - seriously.

 

[Pablo]

PHO UP .24/ 1.58%

PHO is an index fund for water related companies. Holds all sorts of companies involved in water delivery and purification. From GE to tiny municipalities to development companies.

An easy way to get a piece of the action. Listen - if the ever loving extremely liberal city of Seattle can hold the tiny berg of Duvall hostage and extort (say charge 3X) for water...I don't just want a piece of the action, I want the reins baby!! People will be fighting for water after they pay through the nose.....I'll put my bucket under the nose.

 

[Pablo]

What up with Mr. Softie? MSFT I mean xbox may be losing but still the stock is tanking.....

 

[GROUCHO MARX]

Pablo, I was just going to post this when I found this thread.

Softie is drifting down. Cramer is reading IBD.

 

[Pablo]

I notice Cramer is picking IBD stuff....could be good, could be bad. Wait for softie to drift down a bit and buy.....

 

[TheLoneRanger]

Switched to the buy side last week on some stuff; just couldn't keep from it. Probably shot myself in the foot and the pain hasn't registered in my brain yet.....

I'm betting the market will be up next week. There'll be very light volume because of the Holidays, which should amplify the move. The charts don't show much, just a hunch (or wishful thinking....)

 

[Pablo]

The main bearish signal of the market right now is expectation of the market to rally.....too much of a wishful bull.

Still, I'm in, too.

 

[msparks]

quote:

---

I notice Cramer is picking IBD stuff....could be good, could be bad. Wait for softie to drift down a bit and buy.....

---

Cramer hit home on Corning with this article: http://www.thestreet.com/_yahoo/funds/madmoneywrap/10257327.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

This is the #1 reason that I bought corning over 1 year ago, the diesel technology wasn't even on their radar. So far I'm up about 60% and look for at least another 60% next year.

 

[Pablo]

He did recommend GLW, that's for sure.

But he has his flops, too. He doesn't hide them, though like some of the other hacks.

I like Cramer, he is generally on track. When he says to avoid stuff he is generally (but not always) correct.

His crazed recommendation of FINL still irks me, though.

Does he have an email address?

 

[Pablo]

GM anyone? When is it a bargain?

 

[GROUCHO MARX]

GM is not for me. U.S. automakers look like the airlines at this moment.

 

[Pablo]

Buy GM below $10?

Sold KMB on the rally today since my shares were bought before exdiv date of 12/07.

 

[Oldmoparguy1]

Hi guys. If you don't mind, I need some investing advice for a beginner.

If this is the wrong place, maybe someone can point me to a more suitable forum.

Thanks,

Wayne

 

[GROUCHO MARX]

Wayne, I wouldn't feel comfortable picking a pony for you, but welcome in with any thoughts or questions.

 

[Pablo]

OMG1 - best bet is to hit the library. Get 5 or 6 basic books and start reading. Book like "investing for dummies" and "how wall street works" will tell you that your are in the right section.

This phase is quite easy. I assume by your handle you are retired(?)

 

[GROUCHO MARX]

It looks like Kirk Kerorian took a beating on his GM venture.

 

[GROUCHO MARX]

BTW, if the fed is going to stop soon, I would buy banks.

 

[Pablo]

I'll say. The fed has to do something! (They don't want the blame for inflation)

 

[Amkeer]

Toyota is over $100 a share and rising. AMD is almost $30.

Looks like the index will not take out 11000 this year like I anticipated. We missed it by what 60 points?

 

[Pablo]

Does anyone know the email address of Cramer/Mad Money?