Don’t get Greedy, get SMART on Stocks!!
Well it’s a bold run to a 10,000+ DOW. People are piling in creating heavy volume. Remember, the hardest thing about being a smart investor is selling and leaving money on the table. I’ve recently had some incredible gains in the last six months, like most people have. I sold just about everything this week, with returns ranging from 110% to 25%. Plus a couple of nice dividend releases in September and October.
Remember the good earnings come out first and the markets are looking for reasons to climb. The bad earnings come out next and the market will be looking for reasons to sell and take profits
I’ll be looking for a 10 to 15% retracement of the DOW when the bad earnings reports are at their height. Probably in early November, at the earliest late October. I’ll put half of my gains back into the stocks that I rode up on good fundamentals at that time. Then sell into the Santa Claus rally, which would be topping early to middle December (oh yes, Santa will come, but for a short time only). Be out by December 20; remember fund managers will be looking to optimize gains and losses for the year. Sometime in mid to late January can be an incredible time to buy for the 6 to 12 month horizon.
The best to all of us as we enter this holiday season. Let’s make a couple extra bucks on the way to Christmas.
Respectfully yours, 54, WHM
SELL Gold before it sinks like lead!! Don’t be an alchemist!!
I’ve been involved with gold since 1978, mining, refining, buying and selling. I was holding gold in the early 80s, when the Bass brothers ran up the silver and gold markets. I sold $300 gold at $850 and left about $150 on the table for the next investor. A couple years later, I was buying a gold back at $400 an ounce. I recently sold all my physical gold and mining stocks when gold hit $980.
Today it was over $1060, the glitter is gone. Get out; leave a little money on the table for the next guy coming in. Take your 30, 40, 50, 100% return and run. We all know in a year, you’ll be able to buy it back at $500 to $600, at the most $700. The glitter is gone!
My experience over 20 years tells me that there is very little upside, maybe 5 to 10% and an incredible downside risk. If your getting into the gold market now, beware ~ gold at $1,000 plus per ounce is not a long-term investment for the next 1 ~ 2 years. Don’t believe the gloss and glitter that the gold market bullion and stock companies send you on a daily basis. They’re the best at stepping over the line with thinly couched false claims of investment returns in precious metals.
On a side note; go through the jewelry they haven’t worn the last couple years. Take it to your local gold and silver dealer in cash and. put all that money into solid stocks. Sometime around the end of January. For my views on the stock market, see my previous post on this blog.
Be smart, don’t sink like lead, and remember the golden rule, by low sell high.
The best, 54whm
Hillary Clinton, Bush, Flava Flav, Kerry look alikes
The economy is so bad: CEO’s playing miniature golf.
Even people who have nothing to do with the Obama administration aren’t paying their taxes.
Hotwheels and Matchbox stocks are trading higher than GM.
Obama met with small businesses to discuss the Stimulus Package: GE, Pfeizer and Citigroup.
PETA serves chicken wings at their meetings
McDonalds is selling the 1/4- ouncer.
People in Beverly Hills fired their nannies and learned their children’s names.
A truck of Americans got caught sneaking into Mexico ..
Hot Woman wrestling Shark jawed baby French Bulldog
Vidieo of my hot APW (Almost Perfect Woman) and our French Bulldog. Yeah Right, at the sound of French Bulldog my Gaydar went up too (after all I live in west LA), but he’s a tough little bastard.
Men are bad~even when we are boys
‘Bless me Father, for I have sinned. I have been with a loose girl’.
The priest asks, ‘Is that you, little Joey Pagano ?’
‘Yes, Father, it is.’
‘And who was the girl you were with?’
‘I can’t tell you, Father. I don’t want to ruin her reputation’.
“Well, Joey, I’m sure to find out her name sooner or later so you may as well tell me now. Was it Tina Minetti?’
‘I cannot say.’
‘Was it Bridget O’Reilly?’
as Kids see it~Marriage, Dating, Kissing…
HOW DO YOU DECIDE WHO TO MARRY?
(written by children) VERY WISE CHILDREN !!!!!!!!
You got to find somebody who likes the same stuff. Like, if you like sports, she should like it that you like sports, and she should keep the chips and dip coming.
– Alan , age 10
No person really decides before they grow up who they’re going to marry. God decides it all way before, and you get to find out later who you’re stuck with.
– Kristen , age 10
WHAT IS THE RIGHT AGE TO GET MARRIED?
Twenty-three is the best age because you know the person FOREVER by then.
– Camille , age 10
HOW CAN A STRANGER TELL IF TWO PEOPLE ARE MARRIED?
You might have to guess, based on whether they seem to be yelling at the same kids.
– Derrick, age 8
WHAT DO YOU THINK YOUR MOM AND DAD HAVE IN COMMON?
Both don’t want any more kids.
– Lori, age 8
WHAT DO MOST PEOPLE DO ON A DATE?
Dates are for having fun, and people should use them to get to know each other. Even boys have something to say if you listen long enough.
– Lynnette , age 8 (isn’t she a treasure)
On the first date, they just tell each other lies and that Usually gets them interested enough to go for a second date.
– Martin, age 10
Read more…
Life after death. Do we still work~
Boss Asks Employee:”Do you believe that there is Life After Death?”
Employee:”Certainly not, there’s no proof of it”, he replied.
Boss:”Well, there is now. After you left early yesterday to go to your brother’s funeral, he came here looking for you.”
4 Day Work Week?? Is this France??
LA Times,: “companies contemplate four day work week in response to disgruntled worker demands”. GIVE ME A BREAK, I’ve been unemployed for a couple of months now with no end in sight and I would love to have a four day work week. Those of the entitled majority (and they ain’t 50+, WHM’s) appear to be grousing about the amount of hours they’re forced to work in a five-day work week. Do the think we are French?
For those of us middle-class men living off savings and our 401(k)s, give me a freaking break! GEE do you think some of them might be tenured Gov’t employees?
And now for my poem: When we entitle those who don’t deserve Oh, what a wicked web doth comes around to bite us in the ass
It doesn’t rhyme and like the joke in my earlier post, I frankly don’t give a damn. Just a thought for today.
54WHM
Poetry for Women~A must Read for Men
A WOMAN’S POEM:
Before I lay me down to sleep,
I pray for a man who’s not a creep,
One who’s handsome, smart and strong.
One who loves to listen long,
One who thinks before he speaks,
One who’ll call, not wait for weeks.
I pray he’s rich and self-employed,
And when I spend, won’t be annoyed.
Pull out my chair and hold my hand,
Massage my feet and help me stand.
Oh send a king to make me queen,
A man who loves to cook and clean.
I pray this man will love no other.
And relish visits with my mother.
A MAN’S POEM:
I pray for a deaf-mute gymnast nymphomaniac,
with big tits who owns a bar on a golf course,
and loves to send me fishing and drinking.
This doesn’t rhyme and I don’t give a shit.
What do Charity, Weight & Clothes have in common???
Clothing Donation
I just had a call from a Charity asking me to donate some of my clothes to the starving people throughout the world.
I told them to F* off!!
Anybody who fits into my clothes isn’t starving!!
Sarah Palin’s : ‘Going Rogue or The Rogues Gallery?” is awarded the prestigious “Bobble Head Award!!
Video of 26 pound 2 ounce baby discovered in West LA~beats the Indonesian baby by 7 pounds
The title says it all~another RoRo Raw Show exclusive!!! (A Maximus-T Production)
Obamacare, the brutal truth of his health care reform
The phone rings and the lady of the house answers. “Hello?” Mrs. Sanders, please.” “Speaking.”
“Mrs. Sanders, this is Dr. Jones at St. Agnes Laboratory . When your husband’s doctor sent his biopsy to the lab last week, a biopsy from another Mr. Sanders arrived as well.
We are now uncertain which one belongs to your husband. Frank ly, either way the results are not too good.” “What do you mean?” Mrs. Sanders asks nervously.
“Well, one of the specimens tested positive for Al zheimer’s and the other one tested positive for HIV .
We can’t tell which is which.”That’s dreadful! Can you do the test again?” questioned Mrs. Sanders. “Normally we could, but the new health care system will only pay for these expensive tests just one time.”
Well, what am I supposed to do now? ” “The folks at Obamacare recommend that you drop your husband off somewhere in the middle of town. If he finds his way home, don’t sleep with him.”
Twenty Six Pound Baby Discovered in West LA
Yahoo News: “Indonesian baby born at 19.2 pounds”. Well meet our 26.2 pound baby, Maximus-T. And for you pet owners you know what I mean, He is a demanding baby. By the way he takes after his mother’s side of the family!!! (sorry Carol) (he’s a Frenchie) Go USA!!!!!
For more pics and videos of Max go to: www.roxbyt.wordpress.com
The Fighting Frenchie kicks Robot Butt
Yes. I have a french Bulldog named Maxinus-T. But don’t let your Gaydar go up I’m a total West LA hetero. Max is a total alpha dog and he likes to fight with Roomba our robotic floor cleaner. this is funny. Who’s next, Mayfield!!!
Michael Jackson is Alive: new video proof!!
Michael Moore’s idea of capitalism (satire)
HOW TO RECRUIT THE RIGHT PERSON FOR THE JOB????
Put about 100 bricks in some
Particular order in a closed
Room with an
Open window…
Then send 2 or 3 candidates in
The room and close the door.
Leave them alone and come back
After 6 hours and then analyze
The situation.
If they are counting the
Bricks.
Put them in the accounts
Department.
If they are recounting them..
Put them in auditing .
If they have messed up the
Whole place with the bricks..
Put them in engineering.
Read more…
Manny’s Bobble Head, Michael Vick’s Dog Fights, Serna’s Potty Mouth, Kobe the Little Shooter
“Professional Athletes or Professional Embarrassments” The underbelly of “Professional Athletes” and what most Americans really think. From the “RoRo Raw Show” in West LA. (a Maximus-T Production)
Note: the views expressed are strictly those of the commentator and as such are protected by the First Amendment of the Constitution of the United States of America. GO USA!!!