I think you are right on BAC same goes for C, MS and MBI IMO, I have been making a killing on the financials trading every time they reach my price then selling when they pop a few % I cant seem to hold anything long. I traded AIG 2X recently I bought it thur @ 36.5 sold 37.5 after market and bought it back again yesterday @ 36.18 and sold for 37.5. I also owned AIG from (41-43) to around 50 and only recently bought back because it came back to around where I previously bought it 36.5+8(warrants). Anyways the only financials I own right now are MBI bought yesterday 10.19 (I have been in this name too many times to remember) and C bought Thur 4.56 I am going to try to stay a little longer than I have been in these names but it is tough when you get a quick pop to hold and so far it would of been foolish holding most names because they always seem to come back down. I know I am playing with fire because one day I most likely will not get a second shot, so maybe it is time to change my strategy. MBI is my favorite financial because Bruce owns 20%. Prem Watsa is a holder and Irving Kahn has a good % of his portfolio with them. C & BAC a lot of guys I respect own good %s of there portfolios in these names, so I want to be in them also.
Anyways, my top 3 LT investments @ the moment are JNJ (added Fri 59.25), WMT, and CSCO. Think the tech large caps are pretty cheap looking @ the multiples when subtracting the cash, when you have time take a look. I own a few names in the tech sector @ the moment CSCO (added again yesterday 17.77), MSFT (started a position thru 25.45 2nd time in this name but it lower before and sold for a nice gain) and INTC (started position thur 20.65 also second time in this name bought lower before and sold). I want to get back into DELL but needs to fall to the high 13s or low 14s for me to get back in. My supermarket holdings I am back in SVU again as it is back down to the mid 7s, I was a seller in the mid 8s not too long ago, WINN I exited in the low 7s with a nice gain from my low buy price of 6.04. My recent recommendations MDC it poped over 10% on an analyst upgrade and I was out and PHI I am still in an up on that name when factoring in the 1.60 or so they just took off the share price do too the dividend execution date. I do not remember all the names I posted this year and too lazy to look but it is starting to look alot like 2009 all over again yahooooooooo.
International debt ideas, if you get tired of earning close to nothing on your cash
Asian debt the only one I know, but looking daily for more like this one
2821.HK run by your company STT
abf-paif.com
Emerging market debt
EMLC, EMB, ELD, PCY and EBND
Canadian Debt
Wish I bought more when I first bought because it is too hard for me to buy now with the Canadian dollar a few % stronger than the US dollar.
ca.ishares.com |
