Thanks Sarge.......always appreciated. I added shares twice around 5.39 in the week ended July 18th. Nice position now and not concerned about a drop of a few cents. Holding solid and I have great PATIENCE.
Just sold the SPXU.....in at 45.29.....out @ 46.00 with the DJIA down about 155 and the S&P 500 down about 11 points. Enjoy that Sake.
j-man..........still holding the SPXU. Market FINALLY breaking down past -130 DJIA. May exit soon. Been camping over at Fidelity since the open.
Bought some SPXU (shorts the S&P 500 X 3 ETF) in the last minute. Bought @ 45.29. First short of this type in about 6 weeks. Will exit tomorrow whether gain or loss.
The funny thing about the lackluster home sales is that they're being held back by strict lending policies, the polar opposite of 6 - 8 years ago. The permissive lending is now being done with auto loans. New cars selling like crazy. Easy to get loans for new and used cars. Some loans are pushing 8 - 10 years now.
The strict limits on business loans is certainly helping BDCs. They fill the gap left by the banks for below investment grade loans. Have to wonder if all this will blow up in our faces again in a few years..........
Where the secondary (reply) messages are on a thread..........it looks like the "time" shown there is of the original post and not the subsequent replies. Have seen this on other boards and it is rather confusing.
Kel.........an AVNR holder
Not me?????.......yes you, and me, and all other tax payers.
Kel.........a GILD holder
When everyone gives up and throws in the towel..........then the 10 year will makes its move. Right now @ 2.457%.
Might be buying some early tomorrow. Will see how it opens. Sold 4 stocks today, all for profits. No purchases. Almost bought some 3 X short ETF protection but decided to wait on that.
Am at 75% cash.
Message board usually working OK for me. I did eliminate 2/3s of a message I posted the other day on RGDX board. Long messages seem to be where the problems develop.
Biggest problem I have is when "server can't be found." Not sure if it's a Yahoo problem , or my computer. This problem doesn't cause my passwords to be lost (I don't let the computer remember them day to day).
Last one was April 24th, a Thursday. Probably still OK. The long term erosion is getting closer all the time though. Be ready to pass this on before long.
Kel..........a former holder (not a short)