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IBM. Looking to Buy–Maybe.

September 6, 2013

SPY 1666.00

The Russians talked to el Presidente this morning, and he is backing down, looking weak and foolish.  Did he really think Americans wanted another war.  Give me a break.

And the economy is terrible so the Fed is not likely to start tapering………as most of the financial talking heads have been forecasting.

So now what.  The stock market will most probably turn and start going up.  As I mentioned last week, I am looking at IBM for a trade.  There are numerous stocks that have tanked and are now set to head higher.  I think we could make some nice money with IBM and also collect a very nice dividend.

Yes this is a dividend blog and that is my primary interest.  But every so often there are opportunities in trading stocks.  So if you have a little extra money and want to take a little more risk, follow the comments here.

I will be following IBM and will let you know if I buy some.  We would start slow and add to positions if the trade is working.

As a final note, VNR is dropping to a very nice price.  Buy some if you don’t already own it, or you can add to positions.

Go to “HOME” (top of page) for the most current posts.  (Please respond to POLL Click Here)  This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income.  I am not an investment professional.  You must do your own research before buying any position.  All gains or losses that you realize are based on your choices.

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