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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (19851)	10/14/2004 3:28:22 PM
From: E_K_S	Read Replies (3) \| Respond to of 78618

Hi Paul I am eyeing more bank stocks too. I added a few more shares of C to my IRA portfolio at $43.49 (sold AWE). They go x-dividend on the 10-29-04 so you get the next dividend of $0.40 too. I am also buying more shares of NYB by selling the January $20 Put. They pay $1.15 to buy shares at $20 in January. My expectations is to have the stock put to me at $20. The stock goes x-dividend in February ($0.25) so you will get the dividend which yields 4.8%. If the stock does not close below $20 in January, then you keep the option premium. I missed picking up more SFL at $19.21 yesterday but plan to buy more if we get another chance at these levels. I have accumulated shares at $18, $20 and $21. It appears that the market may be reacting to an apparent Kerry victory and the rising oil prices do not help either. EKS

To: Paul Senior who wrote (19851)	10/14/2004 6:36:10 PM
From: Madharry	Respond to of 78618

I dont know how everyone else is doing but I am now down 2.8% for the quarter.

To: Paul Senior who wrote (19851)	10/14/2004 10:15:58 PM
From: Spekulatius	Read Replies (2) \| Respond to of 78618

I agree on Citcorp (C) and bought starter position as well. if it weren't for the regulartory issues, C should be much higher Here is a link to an article about moat stocks: biz.yahoo.com Morningstar.com Now on Sale: Stocks Worth Owning Wednesday October 13, 7:00 am ET By Pat Dorsey, CFA Suppose that you needed to buy a car for one specific purpose--commuting to work so you could earn a living. Now, suppose I offered to sell you a stylish 30-year-old used sportscar for $15,000, or a dull, barely used Toyota for $12,000. You'd probably take the Toyota, right? It costs less, it's more reliable, and all you need to do is get to work each day. Drag-racing your neighbors isn't in the game plan. Oddly, most investors are making the opposite choice right now by paying more for lower-quality companies than they are for higher-quality companies. The same thing is happening with regard to risk: Lower-risk companies are, in general, cheaper than higher-risk companies.