Posted on 02/15/2015 9:51:16 AM PST by expat_panama
Dow 36,000, here we come! Yippee!
Huh, just noticed that at current growth rates the 36k mark should coincide w/ the centennial of the crash of ‘29...
Saudi Stocks Rise to 12-Week High as Oil Fans Gulf-Market Rally
by Sarmad Khan
1:45 AM CST - February 15, 2015
Just remember, bullishness is a bearish indicator, and vice-versa.
So, on the one hand, the stock market may continue to go up, but on the other hand, it may very well go down.
The casino is open 9:30 to 4:00, Monday through Friday.
Buy low, sell high. Works every time it’s tried.
Works. Every. Single. Time.
Yes, that is the method I use.
But it takes time. You have to hold stocks for years for the markets to realize their value.
This article is about short-term trends, which are entertaining but random.
As do I. With quality equities, a long-term buy and hold investment strategy is an almost GUARANTEED winner. That is hardly a “casino.”
I’m just wondering what positive economic indications underpin all this investing optimism — cuz I sure don’t see it. In fact, with the port strike and the job actions at the gulf refineries, there’s a lot to worry about.
"Almost"? The fact is that for the past two centuries hard working Americans have quadrupled U.S. wealth every generation. It really doesn't take much of a gambler to simply accept the fact that tomorrow the sun will come up and Americans will continue to prosper.
Well, you just keep on with your pie-in-the-sky Pollyanna attitude! We’re DOOMED, I tell ya!! DOOMED!!
Meanwhile, I’m going to retreat back into my cave, amongst all the canned goods, and close the armored door.
That’ll show you!!
/sarc
One thing is the time frame; the port strike will not last 20 years. The other thing is that not everyone's optimistic:
We can only work with what we know, namely that right now momentum's on the upside and long term growth is an easy guess.
Now HERE was a prudent investment!!
http://www.zacks.com/funds/mutual-fund/quote/BEARX
Federated Prudent Bear Fd A: (MF: BEARX)
Fund Description
The fund was incepted in December 1995 and is managed by David W. Tice & Associates. The fund seeks capital appreciation. The fund is a no-load mutual fund specifically designed to benefit from stock market declines as the fund has more ‘short’ than ‘long’ positions. The fund takes ‘long’ and ‘short’ positions. That is, the fund buys stocks just like most mutual funds. The fund also takes short positions and purchases put options to benefit from an anticipated decline in a stock or stock index. Currently, significant portions of long positions are gold and silver mining companies. The fund distributes dividends and capital gains, if any, at the end of each calendar year.
Total return since inception: -4.69%
All in spite of Ozero.
Biding my time on my Energy Funds and Stocks. They WILL go back up.
I actually have BOUGHT XOM, CAT and BP in the past couple of months. I will buy MORE, if the opportunity presents itself.
I should buy some too. Been sitting cash on the sidelines for a good while vs. adding more to the market, last I bought was some HAL.
I see where they just kicked the dividend up from $0.15 to $0.18.
http://www.google.com/finance?cid=16658
There for a while I thought they were heading to another split and then the bottom fell out of crude prices.
I don’t think my KBR, spin off, will ever recover. At one time I was close to double my money from IPO price, now I”m in the hole.
It will recover. Construction is notoriously cyclical. And KBR is one of the most respected companies in the construction industry. They know what they’re doing.
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