I did read the Bill Gross piece, that is part of the reason I have started thinking about putting a little cash to work. Something else from the roundtable article I thought was tempting was McCallister's spec pick, Delta Airlines. Pe of about 5.5. I fly with them some. Usually I get used to having a stock and want to hold on, but on this case that would not be a problem! I like Mark Faber's picks, and last year the one or two I copied worked out ok, will be interesting to see what he comes up with this year.
Thanks for the LO advice. I think it would probably work out OK, but so would NE, BRK, WMT and plenty of other things.
AIG really took off, boy Bruce was on the money. I missed out, blew it, though I was pretty sure it would work out. Glad you were smarter.
Great trading results! Do you put the cap gains tax amount aside right away, or do you use the gov's money as float? I guess that is not such a great idea..trading is not my thong unfortunately and I miss out on a lot. |
