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To: Sam Gamgee

“Crap you are brave. I was looking at Imperial but couldn’t pull the trigger. The safe play is to wait until a bottom is formed. You played it the risky way and won.”

yes, there was some risk and it was somewhat of a bold move, BUT i had been studying and tracking RDS for a couple of years and thought I understood the company and the stock to some degree, as well as WISHING there would be a decent dip so i could lock in a 6% dividend return, and BOY did i get a dip (that ended up locking in a 17% dividend return assuming RDS can keep up their 26 years of steady dividend payment).

Also, i had missed the great bull market when i retired and got all conservative with my finances because i didn’t know how much i needed to live; turns out not very much since i have no debt, don’t have expensive bad habits like booze, pot or tobacco, mostly cook my own food, make most of my own repairs, drive my cars until the wheels fall off, Medicare takes care of all of my medical expenses, etc., so i had a BUNCH of cash sitting around and low living expenses ...

I also have made a four year study of President Trump and realized last week he was *HINTING* about a return to normalcy (before he mentioned Easter this week, etc.), kept emphasizing the hydroxychloroquine + azithromycin cure, and kept saying things were going to get better a lot quicker than the fake stream enemedia was saying, and that the market would quickly come back ... so i figured (as usual) that he was NOT pulling that stuff out of his butt, but instead as President, had access to massive amounts of information the rest of us did not, which is the real reason that President Trump is nearly always correct when he make predictions ...

so while financial analysts have doing their analysis on the market, individual stocks etc., i’ve applied by analytic ability to the President himself, so my bet was to a large degree a bet on President Trump ... i did wait for RDS to quit dropping like a rock, and bought in after it appeared to bottom out and had risen a bit for 2-3 days in a row last week ...

overall, my theory is that the economy will pretty quickly come back and so will the market, particularly since there’s probably at least a couple of trillion sitting on the sidelines just itching to get back in ...


64 posted on 03/26/2020 5:06:07 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: catnipman

Now hearing that this was all a hoax I wish I pulled the trigger on manulife yesterday. Too early for natural gas plays?


66 posted on 03/26/2020 5:15:43 PM PDT by Sam Gamgee
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