some accurate points but we still try to beat it all.........as it is the game laid at your feet called Capitalism and Market Investing.
good luck my friend - we must all choose our investment path and always know that Mr. Market has the upper hand. I still say oils bottom is at 80 as I noted.........we are in free fall for sure but my call was for tomorrow at the latest to be the overall market turn. We shall see. Good luck. Boolean
Spend the money - Iraq was 2-3 trillion - Spend The Money. Start the world-wide infrastructure boom.
and Chinese interest in Cliffs PLUS 2015 is going to be solid economic boom.........Buy in November.
no I am still here and will be here. Remember I bought most of my shares at 30-35 cents and then after the reverse I added 1k as I stated on that day down at 12 bucks.........This stock is volatile as I said it will be - I made that clear. I made my points above in my "let's dance" post. I am waiting to hear from real.........and again the rise today as little as it were still means nothing. But if you think Ray is not looking out for the best interest of shareholders and is not going to maximize OUR and HIS return then I submit that you are sadly mistaken. BUY IN NOVEMBER will never be as important as will be in 2014. Now as for my call that the market fall will end by Wednesday (outer limit of the confidence band) we will have to see. News is pretty big this week so to day may just be a blow-off. If we move thru this week on the downside then hell is coming to call. BOO-lean
real - Ok here we go. You wanna dance let's dance. /1/ Yes that is what the release said and do you think that is all there is to it? Do you really think they couldn't come up with the cash? Do you really think that wasn't determined prior to the deal? /2/ Do you really think that is the only deal Ray has in his Rolodex. /3/ Oil has been crushed not unlike all areas of the market except GOLD which I still own a large position in. It is a broad based realignment. There is nothing you can do about that and no one called it. It has all happened before and will happen again and your tasks and mine is to find the pathway out of it so once again you WIN. There are those that are immovable - those that arre movable - and those that move. MOVE. /4/ My review suggests that oil will base at 83-85 dollars with an utmost downside of 80-81. Many countries need oil at higher prices to make their payments - it is also anti-inflationary which is another negative - the powers that be will not allow a collapse to happen - they can't. /5/ Micro tells you micro pieces and it can be helpful and I do not mean to say otherwise - but I just do not believe that micro analysis will give you the best bang for the buck as it is just too hard. But go ahead my friend. /6/ Earthstone did hit max oversold and then jumped just as I said --- it could reverse tomorrow on market/oil weakness. The Dow/Nasty Nas/S&P are all at max oversold on my key indicator but it could break lower if weakness trumps value. I said the 9th-10th woud prove to be the bottom again with the confidence band of three days. We shall see. If I am wrong this market is in trouble. /7/ Shareholder centric managers like Ray are rare and I will ride with him unless he proves to be less than I thought. I have no reservation in that position. /8/ Tomorrow brings another market week - Mr. Market will have the upper hand as that is the way it is. Don't fight it just embrace it. /9/ BE THERE. BOO-lean
Ray will need to monetize his investment....and ours. He will go for the best deal - it only makes sense. Could there be another deal coming and already be on the table? Sure. No deal is a done deal until that deal is..........DONE. This is business and the bottom line is MAKE THE BEST DEAL POSSIBLE. Those who think this is all over had best couch their pompous attitude - pomposity tends not to be the best way to analyze a situation. We shall see - but I am adding across the market. BOO-lean.
no Cheney said we will be seen as liberators and showered with flowers - didn't that happen?????/
bc - that was a really deep and insightful post. Thank you. Tell me your take on the market and recommend a stock while you are at it. You folks with all the smart remarks never seem to have anything real to post. So - get real. I am ready. BOO-lean
get real - Bush and Cheney spent over 2 trillion in Iraq.........we gots duh money for dat we gots duh money for dat.
for my special indicator SO we should see markets reverse this week and this fits with my call for a bottoming on Oct 9-10 (with three day confidence band). Also see the IMF pushing for infrastructure investments.......trillions needed. Some c/o of the money but hey we can spend trillions in Iraq I guess we can all come up with the funds to build a crumbling infrastructure and that investment will yield a huge pay back. Boolean
COME........ing? Should be. All indices at MAX OVERSOLD RIGHT NOW so I expect the market to have made its bottom as I said last week on the 9th-10th of October (with a three day confidence band) IF NOT then the market has a lot more weakness and that won't be good for holders of equities. I still target 2100 on the S&P by the time the ball drops. A little stock rise Friday holds no water -- it can be transient so we need NEWS and we need recovering or stabilizing oil prices. Need to do some work on that now to see where we are historically and market-wise. IMF finally discussing the need for infrastructure - OF COURSE there are trillions of dollars in need for infrastructure and that would spur job growth and fill the NEED......not a want. But countries need the money WELL - you need to spend to defend and spending will drive growth and growth will drive economies and economies will drive improved disposition of its citizenry and that will drive diminished chaos and that will drive higher spending and that will drive the economy and that will mean more cash coming in to pay off debt. OK? Good. AMERICA IS LEADING THE WAY AND THAT IS HOW IT MUST BE AND WILL BE cuz we are.......THE AMERICANS. Started investing more last week taking some cash off the holding table and back into equities. Stocks are on sale. Boolean
as per my key indicator SO this week we should see the market UP just as I indicated earlier as Oct 9-10 was indicated as the bottoming time (with a three day confidence interval)..........NOW if the market does not move UP then we are in a lot of trouble as that would indicate the market has a lot more downside. SO.......hope we move UP. The infrastructure discussion by the IMF is very ON TARGET........slow to come but if this gains traction stocks like Cliffs will rock-et higher. Also watch earthstone energy a stock also at the bottom especially if oil rises finally. Boolean