There's got to be a way to Blockbuster (BBI up 7+% early)
Thursday, September 13, 2007
Wednesday, September 12, 2007
Reset
I think it's probably time to reset the ol' portfolio. Put most of your money in cash. The thing is that the following data reports are coming up (thanks to http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm):
Retail sales 9-14, Biz inventories 9-14, CPI 9-19, Core CPI 9-19, Housing Starts 9-19, and Building Permits 9-19
I don't foresee good results out of any of these statistics. Could be a rough couple of weeks but to throw in some fresh scraps there's BCO which is near it's 52-week low. LVLT is near it's 52-week low keep in mind it is typically highly volatile. If you think oil's going to keep it up there's always BRY. FCX is 8 points off of their highs. If you're optimistic then there are options out there but I'll still recommend the 'safetys' GLD, SLW, FXE. We'll see how it all pans out. Shout out to JGJ's brother Anthony Galt whose birthday is today!
John Galt Jr.
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John Galt Jr.
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at 2:54 PM
Shinedown - Heroes (Live)
To Howard Hughes, Ayn Rand, Ludwig von Mises and Hugh Hefner even though he's still alive
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John Galt Jr.
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at 12:35 PM
Tuesday, September 11, 2007
Not a bad top 3 of 4
So AEO, WYNN and SLW turned out to be all right picks. With gains today of 8.85%, 4.64% and 4.30% they were 3 of the top 4 out of all the stocks that I watch on a daily basis. The other being ERTS which held its own up 4.46% so far. And since apparently I can only see things 2 days in advance I'll say for Thursday that this shit's going doooooown. Look to cherry pick afterwards though that's where the GLD is buried.
Cheers,
John Galt Jr.
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at 2:15 PM
Monday, September 10, 2007
Couple $ Stocks
NFLX will be part of the future of obtaining videos & AAPL which might also enter the market is still relatively cheap after the entire rebate debacle. AMZN might be at a decent price hanging around 84 preclose. Go tech that's all I can say. When the Fed cuts rates (despite my own objections) do you think that people will plunk their money back INTO the hommies and financials? Not so much. Therefore, as bandwagon as these may be MVIS is kinda cheap 4.78 and EXPE will dip a little further below its current 28.80 be4 grasping its potential. And DAMN IT JSDA! Now they're getting sued but in all reality how much worse can it get? Yea Yea famous last words. How about we shall see who gets the last laugh?
Regards,
John Galt Jr.
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at 3:23 PM