? "Teddy" ......
<<Hey Slider, put a sock in it dude, ...>>
...who is ''Teddy'' ?
.....Teddy - whomever you are... This is NOT an easy sector to ''trade'' here; however - no one in their right mind; with a mid- long term timeframe (6-12-18 mos being mid term/3+ years long term) is going to go wrong buying FLC @ $8, RIG @ $26, WFT @ $16, GLBL @ $6, FGII @ $10, VTS @ $10 or RON @ $25. I am comfortable that these stocks at these prices will both outperform the overall market for the next 3+ years, but also have the potential for outstanding returns - some at 3-4-5 times their current prices over 2-3 years.
I would think that those stocks who have taken their ''hits'' off earnings disappointments and downgrades and have had major volume selling, indicative of tax loss selling like GLBL & VRC can be bought here before years end.. As far as waiting untill years end - I have no problem with that, as we face Clintons Impeachment, Hedge Fund headlines, a Fed rate cut(s) ?, DOW stocks disappointing earnings etc... Teddy; I don't know you, of you; or what your point is ? ... have a nice day. :) and thanks for your altruism for us poor starving bottom fishers buying FGII @ $10, FLC @ $8, VTS @ $10 etc... I think we are seeing a retest of the Sept 1st lows; a double bottom and will see a corresponding rally, just like we saw in mid-September of 20-30-50% in some issues - however I will and would suggest taking some profits off the table; (watching crude prices & OPEC) as we slowly trade upwards as crude rises.
PS - I'm sure your learning some great ''BUFFET-ESQUE" investing techniques over on the ''other'' thread - like shorting at the bottom, jumping on the gold train - right before its last stop etc.... Only one thing worse than buying high and selling low & that's shorting at the bottom.... good luck & PS - a hint here... Mature healthy adults, well grounded in reality, having normal levels of self esteem; do NOT refer to themselves in the ''third person'' when speaking or writing... (this cost Bob Dole an election and Donald (the Donald) Trump 2 divorces & mega $) ...<VBG>
ie:
<<Teddy is not trying to be smart or mean, he just doesn't like to see people lose money...>>
...as far as ''altruism'' - try the ''Peace Corps.''
PS - Unlike, the Dog - I do know where you can get a color glossy of the ''Mav'' - so be nice... |
