SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (69744)6/22/2008 3:34:42 PM
From: carranza2  Read Replies (1) | Respond to of 74559
 
A very wise investor once told me that GE is a good proxy for the US markets, but with a dividend. An excellent barometer of US prospects, in other words.

He was wrong. See the chart I link below.

Very wise men are often wrong. GE has done much worse than the S&P in the recent past.

On one hand, GE may be oversold, in which case Jay may have a - hairy - leg up. On the other, the downtrend may continue.

Here is a chart with S&P, GE and QCOM shown.

stockcharts.com

I know a lot about QCOM but not much about GE. Wish I had bought loads and loads of Q when it was in the mid30s recently.

Jay: Mq won the QCOM toaster. He'll be glad to elaborate.




To: Maurice Winn who wrote (69744)6/22/2008 7:23:07 PM
From: TobagoJack  Read Replies (3) | Respond to of 74559
 
good idea. i will start shorting ge puts at an opportune moments and by and by build up a position in global infrastructure build-out - i will notify you as i go from this juncture forward, until ge pays out more than qcom 5 years from today.



To: Maurice Winn who wrote (69744)12/6/2008 9:39:46 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
hello maurice, per this Message 25233418 methodology, with reference to my post dated feb 27 2001

and given that we started our conversation about gold vs qcom the day before, here Message 15410107

when

gold was at 267, and now at 762
qcom was at 61, and now at 30
qcom cost 0.23 oz of gold before, and now costs 0.04 oz
representing a drubbing of 83% discount that can hardly be balanced by any conceivable wastrel dividend rate

do you see the truth now?

no?

in which sorry case you still have too much to learn from the just bible