View Full Version : Just like clockwork.....
UtahApocalypse
04-14-2009, 10:30 AM
Obama made a huge speech on the economy......
Stocks jumping off a cliff.
FrankRep
04-14-2009, 10:35 AM
Sweet, I'm ready to buy more.
Lord Xar
04-14-2009, 11:32 AM
Sweet, I'm ready to buy more.
what are you buying?
EndTheFed
04-14-2009, 11:34 AM
Yea just in time to try to blunt the tax rallies
:)
acptulsa
04-14-2009, 11:37 AM
Sweet, I'm ready to buy more.
Feels a little early to me. I like the looks of next week better.
Slist
04-14-2009, 11:45 AM
There will be a small rally when the financial institutions start to spend the "newly injected liquidity"... I bet gold will fall... but only for a short time.. until the inflation becomes visibile... then...woha
UtahApocalypse
04-14-2009, 11:53 AM
Sweet, I'm ready to buy more.
what are you buying?
Hope and Change?
FrankRep
04-14-2009, 12:24 PM
what are you buying?
Right now, I'm focusing on Shipping companies. I have a ton of DryShips (DRYS (http://finance.yahoo.com/q?s=DRYS)) and Excel Maritime Carriers (EXM (http://finance.yahoo.com/q?s=EXM)). I picked them up dirty cheap and so far I've made x4 my original investment plus future dividend payments.
I'm looking at United States Steel Corp. (X (http://finance.yahoo.com/q?s=X)), Harvest Energy Trust (HTE (http://finance.yahoo.com/q?s=HTE)), Frontline (FRO (http://finance.yahoo.com/q?s=FRO)), and Friedman Industries (FRD (http://finance.yahoo.com/q?s=FRD)) right now.
Kludge
04-14-2009, 12:25 PM
I took a nap on the couch and woke up to Ben Bernanke giving a speech in HD on FBN. :(
Weird Q&A format with college students. I kinda expected someone to question the legitimacy of the Fed, but only select seniors were allowed. Other questions were filtered.
MyLibertyStuff
04-14-2009, 12:31 PM
Right now, I'm focusing on Shipping companies. I have a ton of DryShips (DRYS (http://finance.yahoo.com/q?s=DRYS)) and Excel Maritime Carriers (EXM (http://finance.yahoo.com/q?s=EXM)). I picked them up dirty cheap and so far I've made x4 my original investment plus future dividend payments.
I'm looking at United States Steel Corp. (X (http://finance.yahoo.com/q?s=X)), Harvest Energy Trust (HTE (http://finance.yahoo.com/q?s=HTE)), Frontline (FRO (http://finance.yahoo.com/q?s=FRO)), and Friedman Industries (FRD (http://finance.yahoo.com/q?s=FRD)) right now.
I would stay away from shipping companies still, unless youre looking to hold for 5+ years.
Energy is a good bet, but I would go with USO over any company, especially with what is looking like guaranteed hyper inflation coming.
Steel I see as very risky as well. Any company really is in a big risk zone because of the inflation coming. My portfolio is as followed -
-Gold (10% GLD)
-Silver (25% SLV)
-Platinum (10% SWC)
-Oil (18% USO)
-Agriculture (17% POT)
-Dollar Bearish (20% UDN)
FrankRep
04-14-2009, 12:37 PM
I would stay away from shipping companies still, unless youre looking to hold for 5+ years.
I'm keeping the shipping companies for long term. That's my strategy. I feel like Warren Buffet.
:D
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