Stock Market Thread - ALL COMBINED
- Thread starter vinnie
- Start date
Give me a hot stock to buy and hold for the next six months, I dont have time right now to follow the market.
John P. Hussman, who's been very accurate in predicting the last few recessions, was pretty blunt last week:
"Investors who will need to fund specific expenses within a short number of years - retirement needs, tuition, health care, home purchases etc - should not be relying on a continued market advance. If your life plans would be significantly derailed by a major market decline, get out. In contrast, if you are pursuing a disciplined, long-term investment strategy, and you know from your own experience of the past decade that you are diversified enough to ride out periodic losses without abandoning that strategy, ignore my views (and those of everyone else) and stick to your discipline."
"The evidence from our Recession Warning Composite is already on the table, and would strengthen considerably if the ISM Purchasing Managers Index declines to 54 or less (the ISM services index already dropped to 53.8 last month). Again, no indicator in our composite is decisive on its own, but the combination of factors has always and only been observed during or immediately prior to recessions."
"Investors who will need to fund specific expenses within a short number of years - retirement needs, tuition, health care, home purchases etc - should not be relying on a continued market advance. If your life plans would be significantly derailed by a major market decline, get out. In contrast, if you are pursuing a disciplined, long-term investment strategy, and you know from your own experience of the past decade that you are diversified enough to ride out periodic losses without abandoning that strategy, ignore my views (and those of everyone else) and stick to your discipline."
"The evidence from our Recession Warning Composite is already on the table, and would strengthen considerably if the ISM Purchasing Managers Index declines to 54 or less (the ISM services index already dropped to 53.8 last month). Again, no indicator in our composite is decisive on its own, but the combination of factors has always and only been observed during or immediately prior to recessions."
These bears have been calling for a crash for the last 8 months. In the meantime they have lost their asses, but one of these days they will be RIGHT and we'll never hear the end of it. :mj07:
The invisible hand is in the picture until the elections
my thoughts:
There will be a significant down move during the 2nd half of August and the S&P 500 will test 1008.
i am not a licensed investment advisor. Just my 2 cents.
Best of luck with your trading
:toast:
There will be a significant down move during the 2nd half of August and the S&P 500 will test 1008.
i am not a licensed investment advisor. Just my 2 cents.
Best of luck with your trading
:toast:
so i'm digging thru some papers today from past employer...
june 1 2009, i had 300 options mature at 70 euro's...$93.00....not bad...around $27,000 +....
I called morgan stanley......
HOLD IT RIGHT THERE!!!!!!
market closed at 43.57 today.....:facepalm: :facepalm: :facepalm:
expire in march 2015....no way they get back to option price.....:sadwave: :sadwave: :sadwave: money
june 1 2009, i had 300 options mature at 70 euro's...$93.00....not bad...around $27,000 +....
I called morgan stanley......
HOLD IT RIGHT THERE!!!!!!
market closed at 43.57 today.....:facepalm: :facepalm: :facepalm:
expire in march 2015....no way they get back to option price.....:sadwave: :sadwave: :sadwave: money
This up and down movement should make for some plays. But something just does not feal right as it did 6 months back. I guess it,s that election time chit getting in the way.
- Sep 20, 2003
- 207
- 0
- 0
Just my 2 cents:
Been following EHSI for a little while and they just had some news. They finally got the stem cell contract. Only .30 right now. Could be the time to get back in. Good luck with your trades!!!:shrug: :0corn
Been following EHSI for a little while and they just had some news. They finally got the stem cell contract. Only .30 right now. Could be the time to get back in. Good luck with your trades!!!:shrug: :0corn
I have Prudential at a buy if anyone cares. Rough going lately but I think this stock has reached an attractive price as part of the recent downturn.
http://www.mysmartrend.com/news-bri...dential-financial-offers-investors-better-val
http://www.mysmartrend.com/news-bri...dential-financial-offers-investors-better-val
Last edited:
I have been buying a lot of VECO at these prices..LED lighting is going to be getting huge in the next few years. They also do solar. These guys went from a 70 million dollar quarter to a 250 million quarter this year. PE is great and sitting on a ton of cash (almost 10 a share) also just announced a 200 million share buyback plan. Companies and insiders usually know when their own stock is cheap. Think you can own for a few years and get at least a double.
I'm thinking of taking my profits and sitting on the sidelines for 3-6 months. Anyone have any thoughts? Perhaps grabbing some CD's or a MMA. Although I like the growth prospects of the stocks in my portfolio, I am growing increasingly uneasy about the state of the economy and the prospect of a large slide into the 8-9k DJIA range.
Thanks for the input...
Thanks for the input...
VECO IS Good buy at present level. 31/32
Thrpicks, I to have extra cash on hand. It just doesn,t feal right now. I mean I'll take some shots but smaller and in and out fast.
Thrpicks, I to have extra cash on hand. It just doesn,t feal right now. I mean I'll take some shots but smaller and in and out fast.
