Investing 102

[GregWeld]

You boneheads ought to be happy with yourselves today!

[Sieg]

Originally Posted by GregWeld

You boneheads ought to be happy with yourselves today!

Certainly could have been worse.

Big picture........just another hump in the long-term chart.

[96z28ss]

It was a good day today. some of my positions did real good.
PSX +4%
KMP +4.75%
MO + 3.5%
PM +3.71%
T +3.8%
KO +3.72%

[Bucketlist2012]

Originally Posted by GregWeld

You boneheads ought to be happy with yourselves today!

I was ready for anything today....But man, my Dog and Pony are tired after the show....

[GregWeld]

Originally Posted by Sieg

Certainly could have been worse.

Big picture........just another hump in the long-term chart.

That is exactly right! And tomorrow - half the hump - could get shaved a bit. It's called PROFIT taking. Best left to traders...

It's still more fun to ride the day this way than a fall off a cliff...

[GregWeld]

Originally Posted by 96z28ss

It was a good day today. some of my positions did real good.
PSX +4%
KMP +4.75%
MO + 3.5%
PM +3.71%
T +3.8%
KO +3.72%

I had one "red" position (KMP) go positive and another red position (NLY) get almost to the green. Ya gotta love that!

3 and 4% moves in one day are the kind of days you have to have... that's one of those two steps forward kinda days. On average the "market" moves about 10 or 11% in a YEAR! So that 3 and 4% on one day is huge.

[GregWeld]

Originally Posted by Bucketlist2012

I was ready for anything today....But man, my Dog and Pony are tired after the show....

Mike --- I'd love to FIRE the entire team that drug your dog and pony around... but we know that ain't gonna happen. These bozos in Washington DC are the most frustrating bunch of clowns I've ever seen my my short lifetime. I truly hate every single one of them! Both sides of the aisle!

[Bucketlist2012]

Originally Posted by GregWeld

Mike --- I'd love to FIRE the entire team that drug your dog and pony around... but we know that ain't gonna happen. These bozos in Washington DC are the most frustrating bunch of clowns I've ever seen my my short lifetime. I truly hate every single one of them! Both sides of the aisle!

Animal abuse is what I call it....I almost called the Humane Society..


They screw it up and then save the day....At the last dramatic second..

I was a Ron Paul guy, but even the GOP knew he would come in and clean house, so they kicked sand in his face....Too bad for us...

Yes, I am in for the long haul...No short term Trading... I look at the good days and just let the bad days ride...A crappy deal, but a deal ...

The Dog and Pony are resting now....The thing that I know is that they will all go to a 5 star restaurant on our dime and joke about it....Both parties together off Camera....Laughing at us

[toy71camaro]

Man.. what a day yesterday huh!?

Still waiting for my ABT split to take affect. I dont show the ABBV stock in my account to make up for the ABT stock splitting in half. So I show a big loss (relative to me, lol).

Hopefully in a day or two it shows up.

[GregWeld]

Originally Posted by toy71camaro

Man.. what a day yesterday huh!?

Still waiting for my ABT split to take affect. I dont show the ABBV stock in my account to make up for the ABT stock splitting in half. So I show a big loss (relative to me, lol).

Hopefully in a day or two it shows up.

You not only got a split -- they raised the dividend 6%.... what's not to like about that. I see they also received approval for the split off (AbbVie) to join the S&P 100 and 500 indexes. Usually that means that Mutual Funds and ETFs that mimic, or trade in, those indexes will buy those shares. That should be viewed as a positive.