Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Davy Crockett who wrote (3921)	11/14/2001 1:10:37 AM
From: isopatch	Respond to of 36161

Hi Peter. Most of my capital is deployed in medium grade long maturity corporate preferred stocks and bonds. The concept is not only to rake in the 8- 8 1/2 yields available, but also profit via the closing of the wide spread that opens up between treasuries and corporate fixed income securities at about this point in every recession. And if my deflation call is correct, these securities will be even more profitable as interest rates drop with an economy that continues to sharply contract in the months ahead. Continue to hold a few moderate size core gold stock positions, with the only large one being NEM CV PR. It's one of the few golds that's not dropped significantly in recent weeks. As interest rates have declined it's large yield has supported the price vs other golds that pay little or no dividend. IMO, a whole new generation of investors is about to rediscover the importance of the secure dividend for protecting and even adding to capital during a weak economy. When I have time, I'll post a list of preferred stocks and corp debentures diversified by industry, only some of which I own.<g> Isopatch

To: Davy Crockett who wrote (3921)	11/14/2001 2:51:36 AM
From: Cogito Ergo Sum	Read Replies (2) \| Respond to of 36161

Hey Peter, I got tired of waiting for gold to go up so I bought some NT today. That ought to do it. On a more serious note this is all starting to look tooooooooo easy in Afghanistan. Gots me worried. regards Kastel PS frank OK I won't buy any Bay except in the kids accounts where for some reason I always seem to really outperform. Alas the same cannot be said for my own account :o(