Turks are tough bunch for the most part. Saudis on the other hand will do nothing but rearm ISIS as they drop their arms and ammo in retreat. And those that don't retreat will join up with ISIS.
Casino? To some extent sure. I will hold something like VXX to offset my investments. On those days when the market favors one side or the other I sell the favored one. Of course my butt is hanging out in the wind for a day or two, but it almost always works out. Then I just wait for the next big move up or down ( like 200-300 points) to enter in again. These days I keep in mind that the market is stair stepping down so I tend to hold onto part of the VXX position more so than the ' Hope and Change" investments.
stagg, you're a defensive type. All well and good. Mark sees the glass half empty and you see it half full. Todays reality seems to be on the side of half empty. I suggest you fill two glasses halfway and at least see one as half full and the other half empty. Then post.
People paying you to hunt your land ought to tell you something. That is, they're hungry and it's cheaper to hunt your own than to buy at the store. In Montana, you pretty much hunt public lands. Except for your license and the cost of a bullet, t's pretty cheap food.
As I hold the VXX in conjunction with stocks, I can see how as the VXX loses value while the stocks I own don't react accordingly. That is, the stocks stay down as the VXX loses value. This tells me we're 'eroding' downward in stock value as a whole. As this continues there is no reason to jump in buying just yet.
60 minutes did do a story on the whole empty cities China was building about 2 years ago or so. That was a wake up call imo. Such extreme behaviors have always been followed by an extremity the other way. Extreme debt, bad government ( bad policy), have contributed greatly to todays problems.
payback, I think you meant the 'silver standard' right? Gold I believe went bye-bye in 1913 with president Wilson. And He later wrote he regretted it.
kee, my problem with "weak", "sluggish" and "modest" is that they're code words for "terrible". It's the old " Where there's smoke, there's fire".
As far as shipping goes, with the way things are going it might be prudent to wait ( like in the case of NMM) for the div to be either lowered to almost nothing or nothing before picking up shares. I do see some possible buys today--AHGP as its still paying out a nice div and at historic lows. NS and CG are a couple more. Both div payers. HCLP as much as its probably going to sit low for awhile is cheap and lets face it, what's the overhead holding a hill of sand until it's needed again? I'm waiting for CVRR to report and will buy if it takes a nice hit. Its down today on ALDW's lowered div news. I like STON at 18, and FGP at 13.
stagg, if you find a stock that in todays market is close to its historic low----take the plunge by all means.
I get the whole--" It's a good looking company on paper, and management has said only good things" scenario. And it would appear more clearly every day that those people that invest in div stocks are cashing out and waiting. Is a company more valuable as the investors cash out? Or is it just another hole in the companies pocket? This is a "is the glass half full, or half empty" question.
stagg, for the most part Mark has been right with his negative outlook. While Mark has had this attitude for about a year or so there haven't really been any stair stepping up moves in the market. Only stair stepping down moves. I see nothing on the horizon to cause a sustained rise in the general market. Do you?
kee,, I'm waiting for the 'blue-light' special buying to begin. That will be a huge signal that the market is about to turn.
bacon, ah yes, the lying cheating and stealing in Washington. And it only comes to light once the money spigot is turned off. That's one reason why the continual demand of more taxation. Just like any company we as investors look hard at the money flow. Once it slows or stops we sell, right?
syz, aside from your excellent point I'd tell you to just focus on the rails for the transportation side of that equation. After working there for so long I can tell you that alone is a great indicator of future events. Once I see some conformation with it I usually go looking for 'laggard ' stocks to take advantage of.