Berney:" Visual Display of Quantitative Information "
>I've felt strong for a long time that we would visit the 50-week EMA. I show it at about 641 which is also in the area of a lot of horizontal support...
roger that, TB. OEX 640~655 area would be a great place for pissed-off bond investors, like myself - to get rid of some of this cash we've been hoarding since March-April, unable to grow it in the S&P, doing nothing for us in TYX or GE corporate paper. I've been sticking monthly distributions, retained earnings for investment into friggin' money market since June (^_^) out-performing the TYX and the S&P but, frustrated -- waiting for some kind of entry/excuse to invest it.
Other than pruning, weeding the CORE garden - I haven't sown any seeds, added fertilizer leverage since December. On paper, the CORE looks great but - reality time - the bulk of my capital is stuffed in the silo out back, just rolling over at 6.5~7.5% or, ~8.75% taxable equiv. APR :-/
-Steve
PS - very busy right now with biz-buzz; sorry cannot play in the ticks & tocks with you and Paul - but, I'm here, Dude. |
