Archive | January 2013
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The markets are over-extended. The technicals are saying we may get a small pullback, providing a buying opportunity. It appears the institutional buyers (the big money) are selling bonds, and when we get a small pullback, they will use the ‘bond money’ to buy stocks ……making the market go even higher. At that point, it […]
(Click Here) You want to buy when there is ‘blood running in the street’. And we ain’t there! I am looking at numerous high dividend paying issues but everyone and their brother are pushing the prices higher and higher. People now want dividend payers. Many of my potential buys are skyrocketing. IF you had the […]
(Update: SOLD PER) Sandridge Permian Trust is a royalty income trust that can be purchased at $18.56, paying about 13%. This was way up at $24 but appears to be bottoming. If you are not familiar with a royalty trust, be sure and conduct some research to ensure you understand what you own. PER is […]
(Update: It looked like Apple was setting up to increase, but its tanking today. Forget about this thing.) This site is all about dividends, and Apple does not pay divis. But if you can’t resist, AAPL is setting up for a buy long. IF it starts heading up to $540 you can start buying. (In […]
The lame stream media is reporting that OBammer repeatedly told Boner, during the fiscal crisis, that the United States doesn’t have a spending problem. We are told OBammer is smart. I would beg to differ……… It becomes apparent why Boner no longer will directly negotiate with OBammer. (If you like this site, add to your […]
Interesting discussion on CNBC with the CEO of Wells Fargo. Think of the US as a family: we have a $22K income, $38K in expenses…..and a credit card bill of $163K. We will never get out of debt. When will Americans wake up and force the dimwits in Washington to do something?