Thanks, Blue, am feeling better and lasted through a regular workday.
Glad you liked my post - should have been titled "How A ChickenNewbie Schoolmarm Landed In the Internet Stock Hazard Zone All Volatile" LOL
Forgot to say, too...gonna take some net profits soon and put back into MRK, PFE, and BMY what I borrowed to do nets; after the splits.
So there will be handy snacks when it again comes time to "feed the techs", if needed.
My nets have grown so that the sector is becoming almost frighteningly overweighted; Isn't That Faaaaabulous?! But yet, those
conservative dividend-giving stocks are where my bravery originates.
I like it all to balance so that there are hedges and bulwarks. And
my "Old Folks" tell me that when growth stocks and flyers lay low, and dividend stocks are the only ones to rise...That's When LookOut, They Say.
High dividend average yield means either bullmarket or really awful bearmarket (like those mysterious "practice run" days in '87 when stocks giving 20% divs. a year could be had for a song to the nimble of foot and phone). Lower average yields, bear coming - even when the big companies have great earnings & can't raise the div fast enough to keep up with the share price. Using this simple yardstick, it looks like still plenty of run for the bulls as of now. I am guessing this yardstick will always hold true.
Been thinking about the market in general alot, philosophizing while unable to pay attention to details.
Still unfit today to make any decisions on stocks but at least I did remember what they are and why I bought 'em...unlike a few days ago when the ticker symbols looked like Martianese! Now almost ready to look for & pronounce some more new internets comin'down the pike.
This bout with the flu sure makes me appreciate my usual good health and count my blessings. Good pals like you online are certainly among them.
Looking forward to your series, Blue, mine are just beginners primers, printing 'em all out.
Hope To Make A Million Someday. Hope We All Do.
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Joanie |
