boogly - take a look at what Elizabeth Warren would like to do to the banks. Take a look a the fines put on the banks every day. Some of them done in spite of the fact that during the crisis they stepped up to help save our financial system - and now they are crucified. Obviously it is you that is not the brioghtest light bulb around - in that I was not even discussing under what administration the market does better - but talking purely about the banks and knowing what the Dems have handcuffed the banks over the last 6 years. Go check why they are making it so hard to get a mortgage. Latest is the banks are forced into buying larger amounts of treasuries under the lastest rules. If they buy treasuries they can't lend!
You are correct far more then wrong in medium term investments. I should have loaded up on this when you suggested it. I already had too much in the sector(some already in AYR) so was hanging on to most of my cash for fear that the downturn turned into something far worse. Did put back half of the 400k that I had stashed away from the big run up but chose a different sector - EMN - I just wish that I had bought more. Will buy more on weakness (still room to run long term). Another that I loaded up on the weakness was NYCB as I consider it one of my safest stocks. I had bought some DAL but stupidly took my profits when it had so much more room to run. Keep making your suggestions I appreciate them.
hoppsyah - you are a very good writer. A lot of truth to your essay. Often I stay with a company because I trust the management. For a couple years FLY earned my trust by doing some smart things. Most important collecting cash and doing good things with it (buying debt at a discount buying shares etc) However they have lost most of that trust and obviously I am not alone. I will give them until early next year to improve. Getting a divi and losing twice that much in share price is not a very good investment. Market has been strong and the sector has been strong and I continue to lose money. This can not go on forever.
We should have 2 years that the idiot Libs will be kept in check.
ex - I do expect good conference call - and a pop. However - you always tell us when you buy - but never when you sell. I do believe that ATSG went down with the general Russell Market however it was difficult to catch the actual bottom or to know that the market had finished its little crash. Interesting the Cramer actually caught the bottom as opposed to a lot of other gurus who historically have good track records were calling for further moves downward.
I thought buying in the 11's was a great deal. I sat on my hands as I saw everything crash. So difficult buying the low. Locking in an 8% plus divi is great. However could be 9%.
Sorry to the board for talking about SDRL on this board but EX knows I monitor this board.
Ex- A lot has happened since the CEO said that - so much depends on how long oil stays down and how far down. Brazil is one of the wild cards for SDRL. They have a need for SDRL's advanced platforms -their political situation is looking up but not a given at this point - but if oil looks like it is going down and staying down the demand from Brazil could go away making a tough situation worse. I have noticed that some of the fast money people have moved into SDRL at these depressed levels.
FLY keeps PLUNGING - I am not buying any - almost bought on the big plunge yesterday - but have been so wrong don't trust buying more.
But he really didn't say why. A couple weeks ago he was pushing KMI every night. What changed?
You are clearly an idiot. Go back to throwing darts. Do you have any idea how KMP makes its money. The price of oil means nothing. Only the amount of oil going through it pipeline which will go up as more oil comes domestically. Pipelines are already maxed out with little chance of quantity going down.
Actually their were a few opinions on CNBC that said they needed the money they have the oil and it would help to slow down the US production of oil. Though our biggest problem thanks to Obama is that we can't get the oil where we need it because we can't get the pipelines approved.
That is the point- very different for different fields. The chart that was shown that showed a lot of other countries I am sure meant the amount those countries needed to support their social programs like Venezuela was over 100 dollars. Have you ever seen the costs for the deep drilled wells, I know the quantities found in those deep wells tend to be very high(and that could be they don't drill unless they have a large quantity)
I picked up on that also. Some of their fields are single digit. Makes you question all of their facts? They might mean they need 85 dollars to support their social programs.
You really didn't pay attention to what went on today did you. Fears of ebola had DAL down much further before the rally brought it back. This all hinges on if people stop flying because of Ebola fears. Ebola is Very different from SARS that analysts are basing their opinions on.