Thread: Investing 102
View Single Post
  #3  
Old 11-13-2012, 07:29 AM
bdahlg68's Avatar
bdahlg68 bdahlg68 is offline
Senior Member
 
Join Date: Apr 2010
Location: Northville, MI
Posts: 474
Thanks: 3
Thanked 11 Times in 10 Posts
Default

So as NLY gets pummeled again, I read this article. And although it's quite speculative, it got me thinking that now might not be a good time to move money out....

http://seekingalpha.com/article/1002...nings-releases

I also looked at the NLY chart going back to October 1997 and shrugged my shoulders... seems it's been like this before and recovered a number of times... in fact many years saw 20% swings it seems (2002, 2003, 2004, 2005 (yikes), 2008, .... and now 2012?). I'm going to be keeping a close eye and sitting tight for the time being. I have lots of time.....
__________________
Brian

1968 Pontiac Firebird
1989 Ford Mustang
Reply With Quote