Edge the of our seats..the white knuckle ride..
During the last week Bill,Tony and myself have been in discussion over our portfolios..
conclusion: financials have been hurting us pretty badly...
We have not found away to gauge the health of the holding companies we have invested in.
I am currently just holding fnm @.40 and trying to justify it..
I have moved from abk to oncf,sblk,drys and of course still holding siri
I was able to pick up some egle at a low 3.82 and friday it bounced and I was able to take profits and put them into drys..
With Bill and Tonys help, using their trading tools, the week was very educational. We kept in touch through the trading day using google group chat
and were able to sharpen our thoughts on the trades we made..
Together I believe our portfolios are looking up..
Thank you again Bill and Tony for your help...
Well, Howdy Doody Sports Fans!
Hey gang.....surfs up!
Shipping stocks rule, dude....the are really bitchin...try and keep from going over the falls and hang a big ten and a B.A. while at it! Try to keep from pearling and eat lots of Dr. Zogs sex wax. Coconut is the best. If you have every been on the outside waiting to catch a ride and didn't eat breakfast then you could eat your board with Zogs on it. If you understand that, then you are obviously a surfer or a gremmie. But most of all don't be a pseudo as they suck just like financials do these days.
Off to the market tomorrow morning gang....bring your shopping carts....Ray is the only one with a double-wide shopping cart and chromed spinning wheels on it.
Tony had his made by BMW and mine is a Chevy six cylinder nomad station wagon.
If the indicators (futures) are down then we will just have to watch for a bit....the little green man is determined to make a bullish run, but he lacks confidence in the government....imagine that.
I does make for a great time to fill up those shopping carts with really wise stocks though....because sooner than expected, the market will be ready to run up. I don't mean like this coming Tuesday or whatever.....
If you want to know where the world is going then look at the Baltic Drys Index. It is ahead of the market and the market is ahead of the economy. Why cannot people figure this out???
If the government doesn't recognize the stock market then it will be even more hurt, but the market could take revenge on the government if it gets pissed off enough. The market is that powerful. We can only take so much of this shit.
So if anybody is reading this....and are unfamiliar with our tactics in here, please feel free to post here....post whatever you want that deals with the market and good stocks......we do not bite and would love to hear your opinions!
Stocks to watch and buy if you want: ;)
EGLE
SBLK
ONCF
DRYS
NM
(Disclaimer: These are ones we buy.....we are not responsible for what you buy....)
Have a groovy night and turn out the lights, time to listen to a little Hendrix :)
Bill