I need a cheap girlfriend, not millionaire tastes on my 40 cent budget - that is why I was so interested in the cebu girls you mentioned - hehe - my redneck friend from ga told me he found the cheapest girlfriend on ebay - www.realdoll.com
He was in the mall parking lot with me in valdosta, ga about a year ago and this guy was beating up a woman in thier miata - cussing her, slapping and punching her - several people called the police and one good samaritan went over and started cussing him telling him to stop - when the police got there we all saw it was just a well disguised blow up doll in the guys passenger seat of his miata - god it was so hilarious after the fact! They gave him a ticket for disturbing the peace I bet!!
"I just don't see any reason to even consider these over-owned large caps now even for a swing trade, they are directionless and haven't gone anywhere in years."
I completely agree.
"I'm long a bunch of stuff (financials, big oil, coal,"
I couldn't see holding the financials right now, big oil and coal great long term holds.
"tobacco, some reits, bond funds like FAX, FCO and GIM, "
People always gonna smoke - I was thinking about MO and the vicefund until they got in some trouble recently - do reits have the same advantages taxwise as the other dividend paying stocks?
"two tankers, oil/pipeline royalty, utilities) from 2001-2002 and in all of this stuff I have a comfortable gain and everything I hold "pays its keep" in the way of a dividend."
You are far better invested than I was, 80% stocks/20% vangaurd bonds during those years for my core.
"Last fall I bought a bunch of MRK at the low and am nervously holding."
Phil I think talked about MRK a few programs back - he liked it because it held up well in the market downturn. What do you think of ENDP - my crack head friend likes that generic percoset? Phil thinks we need to get around 8700 before we start doing lots of longs and that sounds good to me.
"What I plan to do is to continue to raise cash and WAIT."
My strategy too, wish I had shorted GM and a few others like the more sophisticated/experienced here, but did not have the time to keep up with trends, hope to make time now sans girlfriend - hehe.
"Sooner or later there will be a big sell-off/bear market."
All my short term stuff on XOM shows several more weeks to months going down.
"But that is exactly the sort of stock you should play for a swing trade, like you did with XOM and not try to swing trade "dog" stocks like BUD."
See that shows my level of ignorance, didn't even realize that was what I was doing "swing trading" - Just wanted to test out phils suggestions and the eadirect and real life stop order fills with scottrade. Haven't really used the account in almost 2 years. Don't want to do anything that locks me to the computer umpteen hours a day so may have to stay away from day swing trading.
" Among other things that is a Venezuala/Chavez stock. If Castro's understudy down there cuts off oil to the US then these big tankers will been needed to bring oil here from Saudi."
Thanks for the info, anything venezuela is good enough for me to stay out right now, VNT was the only chavez stock I ever held, hmm looking at it now it recently passed through the 50 day heading down. |
