Bob Gianino
Recent Posts
Monthly Archive
To add an specific blogger’s feed, simply go to their blog and click on their individual RSS link.
Cash Still King
Rating: 3.00 (3 votes)
Vote:
InvestorPlace Blogs is powered by Marketocracy. Marketocracy has authorized Investor Place Blogs as an official registrar for voting through Marketocracy's Investment Research Rating service. Registered members of InvestorPlace Blogs are linked with a Marketocracy account to establish voting power based on their performance of trading and posting on stocks.
Only up 2% in the last 4 months. Better off in cash. Market volatility due to Fed wagging the dog. Inflation not good for stocks or other paper-based assets. Stagflation a possibility depending on how long this drags on. Situation does remind me alot of the '70's. Hated the '70's. VL method OK, but high-maintenance. Too many trades due to "dynamics of the ranking system". Got whipsawed out of some good stocks like T and HON. If I play next time around, I'll stick to a value approach, but rely more on my own analysis and gut instead of VL's or S&P's. LC value stocks did best for me: KO, BHP, MS, MRK. Probably will continue to do well given same old story on the economy and Fed. Election will become more of a factor too. Don't like that. Dems will really throw a monkey wrench into things. Higher taxes, more regulation and bigger domestic spending at the expense of defense. Real bright while were in the middle of a war. All in all, enjoyed the contest. Learned some things. Like the web site and the way it works. Thanks! | ||
Comments (1)
Bobby old boy you are going to get those dems swinging.
I think you can take if you know something about the 70's
Your portfolio got you down , this is play money where we can learn and study !!!!
I hope your real one's ok. How about a dishwasher rising to the top !
Mr G here is a prescription for you on those roller coaster dates up 250 then down 150 up 300 dowwwwwn 350.
Subscribe to the DuffBeer method two brews for the up day and then two more for the dowwwwwn day ......Easy to pickem when the market is rockin the real star pickeris the one still going up when evreything fallin.Now go have a beer
Cheers,DuffBeer
Posted by duffbeer | December 15, 2007 8:39 PM