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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (46496)1/18/2011 11:53:32 PM
From: Cogito Ergo Sum  Respond to of 68200
 
Still own NAE.UN, had CPG, PGF, DAY not too long ago.. and will again... For me the theme is the Cardium right now... still waiting to see how the anti oilsands brigades affect things... The horizontal / multi frac drilling has given some growth dimension to those ex trusts..

I rotated out of the above with pretty good profits to go heavier into fertilizer and some other agriculture stuff.. plus some junior momo plays...

I'm no expert.... you know about this thread ? Subject 50987 Some smart folks there ...

CHE.UN was followed by a few in he 07-08 fertiliser run but I never bought any..

re: CHE.UN there is a fair bit of talk on it here from 09 back...
siliconinvestor.com



To: Johnny Canuck who wrote (46496)1/19/2011 3:37:13 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68200
 
Investors' return to US stocks could be too late

"You simply have got to put aside the emotion and believe in what you are taught, to buy low and sell high," says Carol Clemens, a 64-year-old retiree from Edmond, Okla.

She scored big when she snapped up shares of Ford for around $2 when it appeared U.S. automakers might go under a couple of years ago. The stock now trades above $18, thanks to smart moves by Ford's management and a strengthening economy.

Clemens' portfolio is about two-thirds stocks and one-third bonds, and she's recently been trimming her stake in bonds.

"If you put money into bonds, there is a nice cushion when the stock market goes down," Clemens says. "But I'm retired, and we're looking for an income stream. We're not getting it from bonds," she says, calling current yields "abysmal."

Belief that the economic recovery is on track has recently driven up long-term interest rates from record lows. This has led investors to pull out of low-yielding Treasurys. Rising rates also are making it costlier for state and local governments to borrow. Fear of further rate increases also is causing prices for many previously issued bonds to drop. That's because investors will be able to buy newly issued bonds paying higher interest.

finance.yahoo.com

[Johnny: A lot of sentiment indicators like the BPNYSE and others are at extremes.

The quote in this article indicates we are getting close to a near term top. Too many people are looking for it to occur soon, but if the sentiment in the quote is any indication the "last fool" may have bought into the market.

I don't expect a melt down just a correct to get rid of the excesses. The need to re-build nest eggs are going to keep babyboomers coming back to try their luck in the stock market casino.

The old poker quote is if you can't identify the sucker at the table it is probably you holds true.]