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 : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (10592)12/15/2011 1:14:57 PM
From: JimisJim  Read Replies (1) | Respond to of 34328
 
<And all this time, I thought I was in it for a nice boring ride. Nothing boring here!> Indeed, I never expected to be nearly as active with the divvy growth/income PF accts. as I have been this year... don't forget the KMP/EPB stuff, too...

And I will admit to becoming mildly concerned about FTR. I, too, got my initial position from the spin-off from CTL and then added in the 6s to bring up to full position size, but have watched the share price relentless drift down.

However, I am not concerned enough to sell it. I'm not that concerned with the share price except as an indication of stockholder sentiment, which is becoming less and less relevant to me because:

- Share price in general is less relevant to me in the divvy growth/income accts. as I focus on increasing and reliable income streams.

- FTR seems to be trading on general fear in the telcom space that FTR's biz plan is too reliant on land lines, while I see their biz plan as focused on expanding wireless and broadband products - as it should be, IMO... and as most shareholders only seem focused on the share price, not the reliability of the divvy, which the CEO has consistently and publicly declared as a priority to maintain for a couple of years regardless... I'm still willing to give the CEO the benefit of the doubt on that.

- In general, I am relying on market psychology much less as we are now seeing something like 70% of daily volume in stocks being computer algo trading - charts are not as "trustworthy" as they were just 3-5 years ago and even volume-based chart metrics/ratios, etc. seem to be less and less reliable with the dramatic increase in computer algo trading.

Jim