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ArcelorMittal Message Board

  • m2bq m2bq Sep 20, 2012 12:54 PM Flag

    Yahoo board traffic dead

    Is yahoo board traffic the cause or the result of people getting out of the market?
    Some boards were always slow, but now most of them are.
    MT does have a nice dividend, almost 4% But it is down 2% today and 5 days ago it was $17.66.
    If America gets 4 more years of the SOS, the tax on dividends is going UP. What do you think that will do to the value of dividend stocks?

    Lots of potential disasters on the horizon.

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    • the boards being dead is a contrarian indicator- low interest means not many left to sell. At least public investor/traders. I do think the election results will have an effect, one way or the other. Some are waiting to see. I did raise some cash recently, took a few profits. Still think material and commodity stocks will go way up when eventual turn up in economies happens. But could be awhile. Nibble on weakness and wait.

      • 2 Replies to phonodelic
      • the boards being dead is a contrarian indicator- low interest means not many left to sell.
        =====================================================================
        That's what makes a market! Boards being dead implies a lack of interest and low interest rates means people are still risk adverse.
        Money is still going into Bonds and out of equity funds. Why? For months the 'experts' have said anyone buying a 10 or 30 yr bond is crazy. So far they are crazy rich,.

        Will the election have an effect? IT is gonna be very interesting.

      • This is too stressful. I dumped all my MT today. Have to look at the bigger picture rather than the 4% dividend. What good is the dividend if you lose on the stock itself?

 
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