My goodness, some of tehse "financials" sure are doing poorly. Is there some way to check whether any ofmy stocks are financials? Like on Google or something?
I have a bunch of ITIC, I sure hoep it is not finanancial!
We have certainly done better with our ITIC shares than have the shareholders of some other "financials." If you already have a "bunch" of ITIC, my free-and-worth-every-penny-you-pay-for-it advice would be not to sell and to buy more if you can get it for $36~~37.
I bought some more ANAT at $90.01 today. Don't tell pmlljl!
I had my eyes wide shut when I read your e-mail, so I didn't see that you bought ANAT today.
I sold some BRKB today at $4100. Is it a poorly performing "financial"?
Now I only have one order in. That is to buy WSC at $356. WSC bought Aaron Rentals corporate rent to rent business for $72,000,000.
I am still waiting to buy ITIC, ORI and ANAT.
My position in BP is now down $15 and the stock now yields about 6.5%. Are the oil companies "financials"?
I expect that you and the bear will take a trip to Galveston to shop for a nice beach front cottage. There may be a low priced one bobbing in the surf.
In this market when nobody trusts anyone it could fall. I don't know what will happen. I think about it the same way I think about ITIC and ANAT. In times of panic, even the good ones fall. I need a seer to tell me when the panic will be over so I know when to buy all three of them. My guess is, not yet.
I would be willing to buy ANAT if you would assure me that I was buying just before it was going to go up $15 or $20. Volatility is the magic elixir for day traders. I don't normally consider myself a day trader but I have had some good luck this year on some short-term trades. Now, if I just had a little more confidence I could have made a fortune. I have kept most trades relatively small because I live in fear of Mr. Market.
Little by little you can build a commanding position in ANAT and then you can borrow against it to rebuild Galveston before the next hurricane blows it away again.
I bought some FLXS today at $10.65. That was the same price I paid years ago. That trade worked out very well, so I am trying for an encore.