| Author |
Message |
    
Popeye
Registered Member
Username: Popeye
Post Number: 1171
Registered: 10-2003
| | Posted on Monday, June 01, 2009 - 08:08 pm: | 
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https://ems.gluskinsheff.net/index.ncl.html
This is address for David Rosenberg's daily morning letter if you wish to subscribe. It is free and informative. If you sign up, please let me know so I will not send it to you. He was head of institutional research and was the chief economist of Merrill. He returned to his home in Canada as he was commuting to New York each week. |
Popeye
Registered Member
Username: Popeye
Post Number: 1159
Registered: 10-2003
| | Posted on Friday, May 01, 2009 - 10:11 am: |
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http://breakpointtrades.com:80/controls/preview.php?la_id=674 |
Popeye
Registered Member
Username: Popeye
Post Number: 1158
Registered: 10-2003
| | Posted on Friday, May 01, 2009 - 09:43 am: |
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One man's opinion on the next few days.
April 30, 2009
Bearish Microsquiggles
This intraday chart is one reason I think 888 is THE top (for now). The microsquiggle waves are just pure bear waves down and when you can see each impulse 1, 3 and 5 wave each have a sub 5 wave inside it and even a sub sub 5 wave...well its why I do what I do.
And thats why you all come back to see this stuff. Admit it the microsquiggles fascinates doesn't it?
These look like the old bear waves back in September and October. Pure and true and unmanipulated. Tomorrow and Monday will be key days obviously.
Posted by Daneric at 9:27 PM 15 comments Links to this post
666...888...222 point rise
Just too weird. Market is going down
Posted by Daneric at 8:19 PM 8 comments Links to this post
The Market Is Goin' Down
There I made a commitment. The sideways slash of April and then the burst up to 888 I think is all she got left in her. The NASDAQ has just been relentless. But even that is showing signs of cracking. It was supposed to correct 38% but it didn't. Now it hangs up at this ridiculous level in such a short time. April was a near record gaining month in like the last 60 years or so. Potential topping candles on all the indexes, shooting stars, etc. Some of the bear ETF's such as QID have been what seems like a bottoming process. Its MACD line is curving upwards. Its rounding. Most indexes' Bollinger Bands were punched into hard today. Its just stupid.
I would say the VIX flashed a buy signal today and it came back and tested the buy signal trendline. The VIX continues to show multi-month positive divergence. It is near to testing a breakout of its long term bear trendline. Also recently its holding positive divergence versus the market. Market keeps making new highs, VIX is stubborn.
Financials are also either lagging or showing the true path of the next move: down.
Little cracks in the armor. I like a big [e] wave down to wherever it must go fulfilling the X wave pullback. Lets fill some of them lower gaps huh? I actually would like to see the market test 800 and then just head on up and keep rallying. I want to see a 38% pullback. The test doesn't have to be a long drawn out affair. A quick selloff and then a turn at some point. I don't want to chase the market without a pullback. I already bought long at sub 700, I wouldn't mind buying more longs at 800 or so. I really think P2 will run through the end of August at least and breech its 200DMA which is dropping everyday.
I don't look forward to P3. The carnage will be horrible.
But for now I think we have an X wave correction come due. I don't like the bullish count because it would mean it just keeps rolling over all the bearish technicals that *should* pan out.
Breakout today...fakeout today. We shall see. Futures are up a little, I hope they shake out the low MACD and stochs on teh e-minis overnight. I think the market is going to go down Friday and then some more Monday and maybe some more next week too.
Monday would be a big gapper down. That way the least amount would profit. It would figure. I should sell futures, I think it would be more profitable and I think I could do it very well at all hours of the night. I see the patterns form every night. They seem easy enough to trade. The e-minis don't always translate very well over to the SPX cash index the next trading day.
I have been fuddling the last 4 weeks hemming and hawing not sure of where the market was going. I was justified. It was 845 on April 2nd and 847 on April 29th. The patterns didn't pan out and kept fooling the bears mostly. Longs probably weren't too sure either lets face it.
So lets get it on: Market goes down 1st and 2nd of May. Take some profits longs, its still a horrible economy out there.
I was ready to roll over as a bear...its a sign....all permabears must be squeezed to the point of capitulation if they try swing trading this P2....so far they have been squeezed relentlessly. Market has not had 3 down days in a row since early March. Today was like a capitulation day for the bears. That's what it seemed like. I didn't capitulate my short term QID holdings for 2 reasons: 1) It wasn't too bad underwater, I mean its not like I held since $50.. 2) Its May 1st tomorrow. Wait and see what the new month brings.
But I'll commit: This market is going down and WILL get its 38% pullback starting with 888 as the top.
Posted by Daneric at 7:48 PM 11 comments Links to this post
Elliott Wave Update |
Popeye
Registered Member
Username: Popeye
Post Number: 1107
Registered: 10-2003
| | Posted on Saturday, December 13, 2008 - 08:31 am: |
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http://online.barrons.com/article/SB122912495865802961.html?mod=yahoobarrons&ru= yahoo |
Cape_rover
Registered Member
Username: Cape_rover
Post Number: 158
Registered: 10-2003
| | Posted on Sunday, July 06, 2008 - 08:50 pm: |
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Thanks for the TA update Popeye. |
Popeye
Registered Member
Username: Popeye
Post Number: 995
Registered: 10-2003
| | Posted on Thursday, July 03, 2008 - 12:29 am: |
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Tree
I am here. Been having a difficult time recouperating from that heart surgery. The way the market has been going, see no reason to post too much.
In the market today, my RSM index, relative strength momentum, hit a low of +9. The index was at +9 for the low in March, but the January low was a -14. We are getting closer to a bottom for a few buy trades, but this seems to be wave three down with up wave four shortly, and then a wave five down to a low, probably around 9800-10000. However,. I hope we can hold at 10800-11000 level of the DJIA. An upward bounce is looked for by most of the gurus, but this market has no up volume and we cannot go up very far without a big buying interest.
All the other short term figures are oversold. Stocks above their 10 DMA are a 14 and need to get down to about 4. Stochs at 9 are down enough.
If anyone wants an opinion, just e-mail me or post a message. As Killer Nut said, we are planning a six week trip to Asia for September and October is we can stay healthy.
As for the market, we can go down further than anyone thinks between now and next April so be careful. |
Public_heel
Moderator
Username: Public_heel
Post Number: 7678
Registered: 12-2003
| | Posted on Wednesday, July 02, 2008 - 10:23 pm: |
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In an e-mail Saturday, he said we're getting close to a rebound bounce. Maybe that bounce was Monday and Tuesday...
(Message edited by public_heel on July 02, 2008) |
Killernut
Registered Member
Username: Killernut
Post Number: 5440
Registered: 10-2003
| | Posted on Wednesday, July 02, 2008 - 09:48 pm: |
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I've gotten a couple recent emails. He has been in and out and is preparing for a long vacation. I forget where but he said he would check in as he can. |
Treesloth
Registered Member
Username: Treesloth
Post Number: 2180
Registered: 07-2005
| | Posted on Wednesday, July 02, 2008 - 09:42 pm: |
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popeye hasn't posted for six months. Did he say he was going to be gone for an extended vacation? |
Treesloth
Registered Member
Username: Treesloth
Post Number: 1888
Registered: 07-2005
| | Posted on Friday, January 18, 2008 - 09:57 am: |
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Popeye,
Thanks for the Merrill report. I noticed that HD is on the oversold list. I put a bunch of people in it several weeks ago on the theory that even in a down housing market, people trying to sell would still need to fix up their homes. It made me look like a fool at first, but it is starting to look better now. |
Popeye
Registered Member
Username: Popeye
Post Number: 981
Registered: 10-2003
| | Posted on Tuesday, January 15, 2008 - 08:50 pm: |
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https://www.gpcresearch.ml.wallst.com//common/emailLink/pdf.asp?SSS_8E893D07BA8A 30740DAD78596347F5A8&pdf=pdf/Market_Analysis_Comment__14_Ja.pdf |
Popeye
Registered Member
Username: Popeye
Post Number: 963
Registered: 10-2003
| | Posted on Thursday, December 20, 2007 - 05:30 pm: |
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http://finance.yahoo.com/focus-retirement/article/104057/Protect-Your-Retirement -From-These-Investment-Scams?mod=retirement-post-spending |
Popeye
Registered Member
Username: Popeye
Post Number: 954
Registered: 10-2003
| | Posted on Saturday, November 24, 2007 - 11:22 am: |
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Click for report:
https://www.gpcresearch.ml.wallst.com//common/emailLink/pdf.asp?YYY32_NOXQnuDN+F 89sv+GLRujPmVnQp/A7AgfNNJtVUEKa97Ww8w51qKwEwk5+RWy/QLSzTdRu/YqGIdTt8BFBvgHN+g+ft kpP1OLad8OhJtIDeaEokC/kz6Yuw== |
Popeye
Registered Member
Username: Popeye
Post Number: 953
Registered: 10-2003
| | Posted on Saturday, November 24, 2007 - 11:12 am: |
|
https://www.gpcresearch.ml.wallst.com//common/emailLink/pdf.asp?YYY32_NOXQnuDN+F 89sv+GLRujPmVnQp/A7AgfNNJtVUEKa97Ww8w51qKwEwk5+RWy/QLSLofe9sLtiqZwWsmc+PEbvbuxp0 TAjWZwiAwA1GiPZQ+EokC/kz6Yuw== |
Popeye
Registered Member
Username: Popeye
Post Number: 952
Registered: 10-2003
| | Posted on Saturday, November 24, 2007 - 11:09 am: |
|
Click for report:
https://www.gpcresearch.ml.wallst.com//common/emailLink/pdf.asp?YYY32_NOXQnuDN+F 89sv+GLRujPmVnQp/A7AgfNNJtVUEKa97Ww8w51qKwEwk5+RWy/QLSzTdRu/YqGIdTt8BFBvgHNxWMse AUghhA9vtT0v/U2aKEokC/kz6Yuw== |
Public_heel
Moderator
Username: Public_heel
Post Number: 6108
Registered: 12-2003
| | Posted on Sunday, November 11, 2007 - 12:50 pm: |
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Speaking of managed accounts... I tried to buy some CGMRX last week (Ken Heebner's "real estate" fund) and was told by Fido that I could not, unless I had an "Advisor" account, which means I'd be paying some 25-year-old for advice I don't think I need... |
Treesloth
Registered Member
Username: Treesloth
Post Number: 1759
Registered: 07-2005
| | Posted on Sunday, November 11, 2007 - 12:43 pm: |
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Popeye,
I agree with you on most types of annuities, however I think the fixed immediate ones are worth taking a look at for some older people. They actually have extremely low commissions, little more than a CD, for people who sell them. |
Popeye
Registered Member
Username: Popeye
Post Number: 943
Registered: 10-2003
| | Posted on Sunday, November 11, 2007 - 12:16 pm: |
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On a list of good investments, Annuities are last on the list. The insurance companies sell them because they make a large profit off them, not because they are looking out for the individual as such. They are safe. Most money managers recommend them because of the commission they make off them. Check out these independent money managers; they recommend only annuities and fee based mutual funds.
I don't think that I am that far behind in current investments. But, if a person likes the annuity, he or she should buy it. Be sure and check out all the tax angles upon death to prevent problems down the road. My pension is an annuity with MetLife for your information. |
Treesloth
Registered Member
Username: Treesloth
Post Number: 1758
Registered: 07-2005
| | Posted on Sunday, November 11, 2007 - 12:02 pm: |
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Wakky,
I have no idea what your father inlaw's needs are. Here is an annuity from Wachovia Bank. They have to give you a list of their fees and charges if you ask. If they are too high don't do it and go with CD's.
4803_4805_4823_4893%2C00.html,http://www.wachovia.com/personal/page/0,,4803_4805 _4823_4893,00.html |
Treesloth
Registered Member
Username: Treesloth
Post Number: 1757
Registered: 07-2005
| | Posted on Sunday, November 11, 2007 - 11:56 am: |
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Popeye,
I think maybe annuities have changed since you were in the business. You must be thinking of variable annuites. Many immediate fixed annuities have no set up or management fees. Yes, if you want to terminate it you do have to pay a liquidation fee. That is the price you have to pay for having a guaranteed lifetime payment. |
Popeye
Registered Member
Username: Popeye
Post Number: 942
Registered: 10-2003
| | Posted on Sunday, November 11, 2007 - 11:22 am: |
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Wakky
After reading your message and Treesloth's, first thing I can say is do not put your father in law into an annuity. Your fees are too high and ruin your total return. If you ever need the money, there is a termination fee plus taxes to pay. Stay with your CDs.
Next, The CMA account does have a fee. It provides different services besides holding your investments. Your father in law may not use other services as I don't use most of them myself. A Visa card can be issued. We use the ML visa daily. The charges are paid out of the account once a month, the last Wednesday of the month is the cut-off date. Even though purchases were made during the month, one is still drawing interest off the funds in the account. You have check writing privileges, automatic bill paying like a bank, and other items I will not go into. If he is just buying CDs, you can change the account into a regular account. All major brokers charge for the different type of accounts. Unless things have changed, the ML regular account is $65 and the CMA is $125. I saw an item a few months ago that the fee may go up as most brokers charge $150 for a CMA type of account.
I am not a buyer of CDs as I buy short term treasuries. However, I did buy my first brokerage CD last week as T-bills were 3.2 % yield to maturity with a coupon of 2.8%. Got a 4.8% three month CD. Best thing about a brokerage CD over a bank CD is that a brokerage CD can be sold anytime with no penalty. There could be a gain or loss on the sale as it depends on interest rates at the time of sale. Over the years, I have found that brokerage CDs pay more, a higher percentage, than bank CDs and all CDs are FDIC insured. There are no fees in buying a brokerage CD.
A CMA account is not a managed account. If one wants a managed account, one has to sign up for it. Fees for these type of accounts vary from one percent to three percent. Your father in law does not need this type of account.
Your father in law is paying a one time annual fee for say $125 for his CMA account. That fee could be reduced to $65 in a regular account. Check with ML to see the current rate. If you wish, I could check for you tomorrow. There are no other fees and he is not paying a commission for the CDS. A $125 fee to keep everything in one place is cheap in today's world. Buy your brokerage CDs in different banks in $50-$75 denominations and be happy. Again, do not buy him annuities.
If I have failed to answer your questions, feel free to e-mail me at raydusek@charter.net or call me at 817-326-3180. |
Treesloth
Registered Member
Username: Treesloth
Post Number: 1756
Registered: 07-2005
| | Posted on Saturday, November 10, 2007 - 08:16 pm: |
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Wakky,
You may want to investigate this depending on his needs.. Some companies offer immediate annuities with very low fees.
http://www.themoneyalert.com/ImmediateAnnuity.html |
Treesloth
Registered Member
Username: Treesloth
Post Number: 1755
Registered: 07-2005
| | Posted on Saturday, November 10, 2007 - 07:59 pm: |
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Wakky,
That's what I would do. Either stagger CD's, or put him into an immediate annuity.
(Message edited by Tree-Sloth on November 10, 2007) |
Wallwakky
Registered Member
Username: Wallwakky
Post Number: 472
Registered: 01-2005
| | Posted on Saturday, November 10, 2007 - 07:39 pm: |
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That is what I have been thinking. He may be paying $3500 a year for what he could get in cd mutual fund account and the old guy needs that money. That or I could just buy him CD's as the mature and stagger the maturity dates to allow for income. His account used to be managed by a golfing buddy that worked with him at Whirlpool long ago, but they are now both retired and some idiot has the account. (The idiot was my adviser for a brief time.) |
Treesloth
Registered Member
Username: Treesloth
Post Number: 1754
Registered: 07-2005
| | Posted on Saturday, November 10, 2007 - 06:19 pm: |
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Is a CMA a managed account? If so, it is a financial advisor's dream. Generally they charge you 1.5% of your asset total every year. IOW if you have 1 million in your account, you are paying $15,000/year in management fees, whether you trade or not. Your transactions in your account are supposed to be free, but there are still a few transaction charges. The advisor generally doesn't even get involved in managing the account, he just passes to a group of money managers who manage it. The advisor gets paid 1%, so if he has $10,000,000 under management (which isn't very much) he is making $100,000/year without even deciding what to do for the investor. A lot of guys in my business love these accounts because they can make a killing, and do almost no work, except to get the clients money. I think they are a ripoff for the investor, and I don't use them. |
Wallwakky
Registered Member
Username: Wallwakky
Post Number: 471
Registered: 01-2005
| | Posted on Saturday, November 10, 2007 - 03:53 pm: |
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Popeye, If you have any idea, my father-in-law has a CMA with ML for some time. Most of it is invested in certificates of deposit. I don't know much about costs charged him, but if his risk factor is downn to CD's only, I am wondering if he would be better off if we just bought them for him as the certs matured. I noticed that some of the 25K certs that ML bought, when it had to put a lump sum to work from the sale of his house, had less that a year to maturity. The yields were around market. Can you tell me how to figure if it is better to just close the account and buy the CD's for him.
I am concerned that there is a fee for the account on top of fees for each transaction and possibly some fees that I don't know of. Those fees may seriously be eating into the yield. The account has shrunk over the years to around $250K. He is 86.
Thanks |
Jfh
Moderator
Username: Jfh
Post Number: 962
Registered: 10-2003
| | Posted on Tuesday, November 06, 2007 - 03:48 am: |
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Thanks, Ray |
Popeye
Registered Member
Username: Popeye
Post Number: 939
Registered: 10-2003
| | Posted on Monday, November 05, 2007 - 11:24 pm: |
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JFH
I cannot as yet answer your question on the unlimited advantage and the new one.
Regarding accounts, we have:
One joint CMA
Karen has a Special Account CMA
Karen has a Separate Property CMA
Karen has an IRA
I have an IRRA
My two small trading accounts are with UBS and Morgan Stanley
Charges are $125 for CMA. I'll have to look up the two IRA accounts. I pay $150 for Karen's CMA type account at Morgan Stanley and mine is $65 I think for a regular account. MY CMA type account at UBS is $150. We will shortly put the outside accounts into Merrill so we will have everything in one place.
On commissions, I get a discount of 30-40% at MS depending on the size of the trade, 40% at UBS, and 40% at Merrill.
Does this answer your questions? |
Popeye
Registered Member
Username: Popeye
Post Number: 937
Registered: 10-2003
| | Posted on Monday, November 05, 2007 - 10:39 am: |
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JFH
Have to go to Ft Worth for rehab this morning. Will get back to you later today.
Ray |
Jfh
Moderator
Username: Jfh
Post Number: 961
Registered: 10-2003
| | Posted on Monday, November 05, 2007 - 04:30 am: |
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Ray, thanks. Are your accounts CMA or CMAS ?
How much do they charge you for the accounts and for trading ?
TIA |
Popeye
Registered Member
Username: Popeye
Post Number: 930
Registered: 10-2003
| | Posted on Tuesday, October 30, 2007 - 01:06 pm: |
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JFH
I'll do nothing as I do not have one of those accounts. They want to upgrade to something else to get in a little more money in the pot. The wife and I have five accounts, three being CMAs. Can't help you but will see about the details and get back to you later.
Ray |
Jfh
Moderator
Username: Jfh
Post Number: 953
Registered: 10-2003
| | Posted on Tuesday, October 30, 2007 - 12:44 pm: |
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Ray,
I'm like you, I have an account with Merrill Lynch and they are terminating their "Unlimited Advantage" accounts in December. What are you going to do ? |
Popeye
Registered Member
Username: Popeye
Post Number: 883
Registered: 10-2003
| | Posted on Monday, July 09, 2007 - 06:43 pm: |
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Click for report:
https://www.gpcresearch.ml.wallst.com//common/emailLink/pdf.asp?YYY32_NOXQnuDN+F 89sv+GLRujPmVnQp/A7AgfNNJtVUEKa97Ww8w51qKwE867CYOTGTKWEldm+hm/Wc+6YbG9hdLRPeNCMZ TWeEl3twPjWqzdzIKEokC/kz6Yuw==
-------------------------------------------------------------------------------- |
Popeye
Registered Member
Username: Popeye
Post Number: 875
Registered: 10-2003
| | Posted on Saturday, June 23, 2007 - 10:05 am: |
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https://www.gpcresearch.ml.wallst.com//common/emailLink/pdf.asp?YYY32_NOXQnuDN+F 89sv+GLRujPmVnQp/A7AgfNNJtVUEKa97Ww8w51qKwE867CYOTGTKWCoDNzvnv/qt5T7jy4zEtuX2K5r EHSf8l5rx0uxqg1DOEokC |
Super
Moderator
Username: Super
Post Number: 303
Registered: 10-2003
| | Posted on Monday, May 22, 2006 - 12:49 pm: |
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Looks like somebody else deleted it before I got to it. Next time, send email to admin@11wall-west.com or post to Feedback Good and Bad. Actually, I think this is an old post and the problem was solved back in March, probably by me. |
Tychobrahe
Registered Member
Username: Tychobrahe
Post Number: 2434
Registered: 10-2003
| | Posted on Monday, March 06, 2006 - 03:30 pm: |
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Seems we've been visited by another one of those troublesome anonymous guys. Can these posts be deleted by the moderator? |
Public_heel
Moderator
Username: Public_heel
Post Number: 1388
Registered: 12-2003
| | Posted on Saturday, November 12, 2005 - 11:47 am: |
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Popeye - I don't know that I've complained about government manipulation of stock indexes. I am very mistrustful of S&P 's motives, though. Many times they have kept companies in the indexes long after they should have been removed, and I have to ask myself why they do that.
I've also complained a lot about manipulation of the Consumer Price Index, which I consider to be a fraud. I may not have complained about it in the last week or two, but I'm just catching my breath... |
Popeye
Registered Member
Username: Popeye
Post Number: 637
Registered: 10-2003
| | Posted on Saturday, November 12, 2005 - 09:16 am: |
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I just thought it was a good story. You are always talking about the manipulation of the indexes buy the "big boys" and the government. |
Public_heel
Moderator
Username: Public_heel
Post Number: 1387
Registered: 12-2003
| | Posted on Saturday, November 12, 2005 - 08:53 am: |
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Popeye - I'm not at all sure that's a problem. Any index removes unhealthy companies that no longer qualify and replaces them with healthy and growing companies. At the times this is done, the index is not adjusted upward.
Would the DJIA be a more accurate reflection of the U.S. economy if it had kept Sears and Woolworth and not added Walmart and Home Deport? |
Popeye
Registered Member
Username: Popeye
Post Number: 636
Registered: 10-2003
| | Posted on Saturday, November 12, 2005 - 07:47 am: |
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... one of MSNBC's commentators was talking about how he could not understand the Dow Transports making new highs with the bankrupt airlines.
I went to some of the Major web stock sites that have the Transports as a group, and yes ... Northwest Airlines and Delta Air are still there on their list.
So ... how can the Transports be making new all time highs?
It can't and it isn't making new highs. How can that be?
I went to Dow Jones & Co.'s website and ...
-- And guess what? Northwest Airlines and Delta are no longer on the list, and they have been replaced by
OSG ... a small cap Marine Transportation company, JetBlue, and by
LSTR ... a small cap Trucking Company.
--- And, voila ... presto, magic ... the Transportation Index is no longer the same old index with two sick airlines bringing it down.
--- Maybe I missed the big announcement when it happened? ... but obviously MSNBC who should have been announcing it to all of us, didn't know anything about it ... or at least their morning newscaster didn't know it this morning.
--- So in reality ... the Transports did NOT make new highs with their old roster. They did make new high after they booted out the sick airlines and threw in 2 hot small cap stocks.
--- To those who where wondering about the big mystery of why the DJI wasn't confirming the big breakout and new highs by the Transports ... It is not a big mystery now is it?
This seems like such a far fetched story, that even I have a hard time believing what I am reporting. I had a Hedge Fund manager email me the list of Transportation stocks and his list wasn't right either from the source he was using.
I won't suggest that market was being influenced, but it sure feels like it. Especially when I saw that the two new replacement on the Transports ... both small caps had their Weighting % influence on the index inflated. Delta had a weighting of 0.53% and was replaced by OSG with a weighting of 5.54%. And ... Northwest Air who had a weighting of 0.65% was replaced by LSTR with a weighting of 4.522%.
Tell me that this index wasn't interfered with and that baloney like this doesn't render the Dow Theory guys left with a bunch of bogus data and a theory that can't work based on its original principles.
-- Apparently there was a news release on some of this ... but it did not mention LSTR - Landstar System Inc. which was added to the list, and nothing was mentioned about resetting the Weighting Percentages.
Marty Chenard
StockTiming.com
Read the following:
www.financialsense.com/Market/goldberg/2004/0701.html
More interesting reading:
"NEW YORK (September 14, 2005) – Dow Jones Indexes, a leading global
index provider, today announced component changes in the Dow Jones
Transportation Average.
Delta Air Lines Inc. (DAL) and Northwest Airlines Corp. (NWAC) will
be deleted from the Dow Jones Transportation Average index at the
close of business on Friday, September 16.
Delta Air Lines Inc. (DAL) will be replaced by Overseas Shipholding
Group Inc. (OSG) and Northwest Airlines Corp. (NWAC) will be replaced
by JetBlue Airways Corp. (JBLU). Delta Air Lines Inc. and North
Northwest Airlines Corp are being removed because the two airlines
filed for protection under bankruptcy laws.
The changes in the Dow Jones Transportation Average will be effective
at the start of trading on Monday, September 19. On the same date the
two stocks will be deleted from the Dow Jones U.S. Total Market Index
but will not be replaced.
The Dow Jones Transportation Average index tracks 20 U.S.
transportation stocks. Other members of the Dow Jones Averages family
are the Dow Jones Industrial Average, the Dow Jones Utilities Average
and the Dow Jones Composite Average.
Further information, as well as the component list of the Dow Jones
Transportation Average, can be found on the Dow Jones Indexes Web
site at http://www.djindexes.com.
Company additions to and deletions from the Dow Jones Transportation
Average do not in any way reflect an opinion on the investment merits
of the company." |
Killernut
Registered Member
Username: Killernut
Post Number: 2621
Registered: 10-2003
| | Posted on Sunday, August 21, 2005 - 11:31 pm: |
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Popeye, Overall I made money on EYET.
I started with an oversize position and made good money on it on the reversal you called. I sold and took profit. Whenit fell below my initial entry point I bought two small positions that will end up losers but overall the three positions will be a positive. In fact the gains were taken in tax advantaged accounts and the losses in taxable accounts so that is about the best possible scenario. |
Popeye
Registered Member
Username: Popeye
Post Number: 538
Registered: 10-2003
| | Posted on Sunday, August 21, 2005 - 11:27 pm: |
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I averaged down in two accounts and will come out pretty good. One account with 300 I did not average because I have to take out money for my trip to New Zealand and I was going to wait a while to see if it would pull back in here. Overall, It looks like a $3500 hickey for me on this one. I really felt it would go to 23-26 in the next few months. It would be better for me if it were $20 cash like the first announcement I saw. Win some, lose some. |
Killernut
Registered Member
Username: Killernut
Post Number: 2620
Registered: 10-2003
| | Posted on Sunday, August 21, 2005 - 11:20 pm: |
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EYET being taken out at $20 per share.
I am glad to get back some of what I had put here and put this stock behind me. |
Public_heel
Moderator
Username: Public_heel
Post Number: 344
Registered: 12-2003
| | Posted on Monday, May 23, 2005 - 11:05 pm: |
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Yeah, that's what I was afraid of, and why I sold way back when. I was hoping this wouldn't happen, and that it would present a great buying opportunity.
Maybe once this news is digested the buying opportunity will still be there... |
Popeye
Registered Member
Username: Popeye
Post Number: 496
Registered: 10-2003
| | Posted on Monday, May 23, 2005 - 08:41 pm: |
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K/N
Yes I read the statement from "the street.com" but I have to wait to see what the results actually were. There is not FDA approval, just the results of a test broken down into two parts.
Yes, I have a loss on my shares.
The 62% improvmentent may not be as high as Macugen when the results are compared. I am sucking eggs right now.
Ray |
Killernut
Registered Member
Username: Killernut
Post Number: 2389
Registered: 10-2003
| | Posted on Monday, May 23, 2005 - 06:31 pm: |
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EYET getting hammered on competitor's (Genentech) Lucentis FDA approval |
Popeye
Registered Member
Username: Popeye
Post Number: 198
Registered: 10-2003
| | Posted on Wednesday, May 12, 2004 - 12:36 pm: |
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I no longer follow TE. I averaged down and wrote calls and bought puts and got out last fall.
While TXU finally got a handle on their problems, TE is not completely out of the woods as yet. |
Cape_rover
Registered Member
Username: Cape_rover
Post Number: 36
Registered: 10-2003
| | Posted on Wednesday, May 12, 2004 - 11:25 am: |
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Any thoughts on TE? It's getting close to it's 52 week low. I'm thinking of buying... |
Popeye
Registered Member
Username: Popeye
Post Number: 164
Registered: 10-2003
| | Posted on Tuesday, April 06, 2004 - 12:33 pm: |
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Try this on TMR. It may work. If not get quote as suggested.
http://finace.yahoo.com/q?s=TMR&d=t |
Popeye
Registered Member
Username: Popeye
Post Number: 163
Registered: 10-2003
| | Posted on Tuesday, April 06, 2004 - 12:24 pm: |
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That was a quick death.
Go to Yahoo finance, get detailed quote on TMR and read first news item. |
Tree_sloth
Registered Member
Username: Tree_sloth
Post Number: 386
Registered: 10-2003
| | Posted on Tuesday, April 06, 2004 - 12:12 pm: |
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popeye, the page you posted has expired... |
Popeye
Registered Member
Username: Popeye
Post Number: 162
Registered: 10-2003
| | Posted on Tuesday, April 06, 2004 - 11:45 am: |
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TMR wells
http://biz.yahoo.com/bw/040406/654881.html |
Popeye
Registered Member
Username: Popeye
Post Number: 158
Registered: 10-2003
| | Posted on Tuesday, March 30, 2004 - 04:24 pm: |
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JFH
Did not find opinion at UBS or Merrill. And to K_N, I have a list somewhere of all the good oil and gas limited partnerships if I can just find the dang thing. |
Jfh
Registered Member
Username: Jfh
Post Number: 533
Registered: 10-2003
| | Posted on Tuesday, March 30, 2004 - 03:52 pm: |
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Ray:
This is from killernut"JFH, if you like NRP take a look at FDG. Better dividend, a little cheaper, Canada based, and high quality management."
What do you think ? |
Popeye
Registered Member
Username: Popeye
Post Number: 157
Registered: 10-2003
| | Posted on Tuesday, March 30, 2004 - 12:25 pm: |
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I have checked Merrill, UBS, and Morgan Stanley and none of the three have a buy on the stock or follow it. Have a call in to MS broker and will check broker at UBS and MER just to make sure. If this is a limited partnership it may be carried under a different section.
It sounds good for the long term like the two oil LPs I mentioned a couple of years ago. Coal certainly will be in the limelight for a couple years or so.
Will post more later. |
Jfh
Registered Member
Username: Jfh
Post Number: 527
Registered: 10-2003
| | Posted on Tuesday, March 30, 2004 - 11:30 am: |
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NRP :
Sounds too good ! Excellent yield over 6% and they're in the coal business; their mines are in 3 areas within the U.S.
|
Popeye
Registered Member
Username: Popeye
Post Number: 156
Registered: 10-2003
| | Posted on Tuesday, March 30, 2004 - 11:22 am: |
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I'll check it out ! |
Jfh
Registered Member
Username: Jfh
Post Number: 524
Registered: 10-2003
| | Posted on Tuesday, March 30, 2004 - 10:37 am: |
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Ray:
What do you think of NRP ? Their offices are in Houston, perhaps yu can hear a rumor or two about them ? |
Popeye
Registered Member
Username: Popeye
Post Number: 148
Registered: 10-2003
| | Posted on Friday, March 19, 2004 - 03:46 pm: |
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TMR drilling report 3/15/04
WISUA (Weeks Island)--Ran intermediate casing; preparing to drill out of casing.
BML 19-1 (Biloxi Marshlands)--Drilled to TD, logged, and ran production tubing. Moved rig off location, waiting on testing equipment.
S/L 17980 #1 (Biloxi Marshlands)--Rigged up this weekend and spudded early Monday morning (3/15/04). Current depth=800 feet. |
Popeye
Registered Member
Username: Popeye
Post Number: 121
Registered: 10-2003
| | Posted on Wednesday, February 11, 2004 - 10:35 am: |
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For those who may have missed it, The TMR drilling report for 2/9:
WISUA (Weeks Island) depth 11,055', circulating and conditioning mud.
Lake Eugenie 33-1 (Biloxi Marshlands) Drilling at 11,676'
Asaff #1 (Texas)-Logging. |
Popeye
Registered Member
Username: Popeye
Post Number: 105
Registered: 10-2003
| | Posted on Tuesday, January 13, 2004 - 03:25 pm: |
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PH
OK with me. One of theses days I will have to start a thread for "comments" as MRK only for one stock really. Makes no difference.
RSM down to 153, short and intermediate trends still up, stocks above their 10 day and 30 day MA slowly going down. Slow pullback likely for a few more days. |
Public_heel
Moderator
Username: Public_heel
Post Number: 436
Registered: 12-2003
| | Posted on Tuesday, January 13, 2004 - 11:09 am: |
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Popeye - I'll just rename it to "MRK". For "comments", you can do what you just did, which is to post under here. |
Popeye
Registered Member
Username: Popeye
Post Number: 104
Registered: 10-2003
| | Posted on Tuesday, January 13, 2004 - 11:05 am: |
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PH
I'm with you. How about "comments". |
Jfh
Registered Member
Username: Jfh
Post Number: 62
Registered: 10-2003
| | Posted on Friday, November 21, 2003 - 04:49 am: |
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What I want is capital appreciation but don't we all ? |
