It was hell week on the stock market outside of PEP.
PALM zoomed down twice as fast as it went up ... that's encouraging for the next earnings report ... we'll be in the 70s before you know it.
Still buying the techs. Picked up CPQ, WCOM LEAPS and INTC Friday.
This is where you either go broke or make your whole income for the year over the next 6 weeks.
PEP had a nice bounce back after ML threw their support behind the beverage industry. I believe ML included PEP because of the way Mr. Enrico handled the potential OAT purchase. The fact he wouldn't go higher in the offer price because it would have been dilutive to earnings added to his credibility. This means the minimum 15% ROE is still on track and would stay on track even with an OAT purchase that is accretive to earnings.
Thanks! The vacation was great except for being marred by all of the Democrat perpetrated election skullduggeries. :(
Re: "Hell week on the stock market ouside of PEP."
PEP performed very well, up 6.54%! Others, including PG (up 4.94%)also performed rather well; AIG +5.52%, BMY +3.73%, XOM +2.35%, GE +1.05%, JNJ 2.99%. However, having said that, our portfolio was down a net <6.91%> on the week, thanks to Al Gore and Bill Daley :(
You should do well with your acquisitions of CPQ, WCOM LEAPS and INTC yesterday! :-)
Re: Electoral System
Sollii, I respectfully disagree with you on this issue. A close look at the map and the counties and states which were carried by Gore (in this particular case), clearly shows how a few relatively small (geographically), but heavily populated areas dominated the vastly greater portion of our country on a geographical basis. No small wonder that Hillary is already campaigning to abolish the Electoral System. The Electoral System is still needed to control the scurrilous Democrats, who with their feather bedding tax and spend, give away programs and aided by the unions seemingly have only their own self serving interests to serve. A few examples, handing out more than one ballot at a time to given voters and encouraging them to vote them, paying homeless people with cigarettes to sign absentee ballots, holding a St. Louis poll open (in open defiance of a court order to do so) after legal polling hours, using telephone marketers to solicit potential parties to file fraudulent voting irregularities claims... It goes on and on, seemingly without end. Our forefathers had amazing insight indeed when they framed our Constitution. As a Disabled American Veteran, I am in no rush to change it, nor this issue in particular.
Agree with your assessment, particularly of the electoral process. I saw another poll (yes, I hesitate to cite polls right now) that said 60% of Americans think the electoral voting process should be changed to popular only. At this point, with so many still relatively ignorant about the background of Art 2, Sec 1 of the Constitution, I am heartened it is not higher. Since there have been several hundred challenges to that provision over the years, the chances of a Constitutional amendment would (IMO, even under the present heated circumstances) be about 10%. Part of that judgement is based on the Amendment process taking so long that people will become educated and decide it is not so bad, before the Constitution is changed.
Second, your ID and comments indicate military service in an armored unit. Could you share the primary armored systems in your former unit (M48s, M60s, M1s? If too personal, no problem (just been curious about that).
It seems appropriate on Your Day to extend a special thanks for your service.