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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (24297)1/28/2016 2:06:16 PM
From: JimisJim  Respond to of 34328
 
wrt SM... they appear to be betting the farm on price recovery by the end of 2017... they attained their current very nice hedges by rolling even better hedges from 2-3 years beyond 2017 into 2016/2017 hedges... it might work... it might not... nobody can say (and anyone who claims to know is full of it)... their debt looks manageable for now -- resets coming twice again this year could change that for a lot of companies that look liquid now, esp. if hedges are what's floating their boats... seems like a promising smaller fry, but I still think it's way too early to jump in with any confidence... perhaps legging in over the next 24 mos. would prove profitable, but also may not...

Again, I have no confidence one way or another that the bottom is, or isn't in, for energy... strong counter-trend rallies are part of every energy bust/recovery, which by definition fade and one can find they caught some falling knives -- or bought a dead cat bounce... I'm seeing stronger signs of debt deflation which presents big risks to economies worldwide and might... might... (or might not)... devolve into general deflation.