Stock Thread (23 Viewers)

[Bob Sacamano]

He-he-he. hoo-has

 

[fantasycurse42]

Who is buying BABA tomorrow?

 

[fantasycurse42]

Anyone? Massive IPO tomorrow, I'm sure some are buying here...

Price you'll buy? Level you'll pass?

Alibaba feels like a get rich quick scheme, buy tomorrow and sell next week at a 25% gain... Maybe the booze talking, but I'm deep in thought on what to do tomorrow.

 

[IC FBGCav]

There is a company I deal with called Novozymes(Denmark) and are on the breaking edge of everything in their field. Any thought? I know more than you but tell me what you see?

 

[Mystery Achiever]

how are folks here approaching Alibaba IPO next week? I'm looking at a mix of ETF and BABA shares. i'm curious to hear how others are looking at this.

I am exposed via SFTBY, which owns about 37%. It is rebounding some now since it dropped on abandoning S/TMUS merger attempt.

Me too.

Just heard on CNBC that SFTBY's investment was $20 mil and now worth 60 Bil

Masayoshi Son on now saying they will not sell any of their stake (32.4%)

 

[eoMMan]

how are folks here approaching Alibaba IPO next week? I'm looking at a mix of ETF and BABA shares. i'm curious to hear how others are looking at this.

I am exposed via SFTBY, which owns about 37%. It is rebounding some now since it dropped on abandoning S/TMUS merger attempt.

Me too.

Just heard on CNBC that SFTBY's investment was $20 mil and now worth 60 Bil

I'm not a stock picking expert by any means but I'd say that's a pretty good return.

 

[Skylord]

Anyone? Massive IPO tomorrow, I'm sure some are buying here...

Price you'll buy? Level you'll pass?

Alibaba feels like a get rich quick scheme, buy tomorrow and sell next week at a 25% gain... Maybe the booze talking, but I'm deep in thought on what to do tomorrow.

Hoping I get it below 85, waiting to see where it opens

 

[St. Louis Bob]

GM, is this BioSyent going to go up forever or what? You guys bailing on it at any point, or is it still going to be a long-term hold?

I'm not bailing and we're not bailing. We tend to ride winners and will average up. We have a non-PC saying here that "averaging down killed more...." well, that's all I'm going to say on that.

If I sell, I'll mention it here.

Another core holding is acting well today: Clearwater Seafoods. I wrote about that here a while back. Another stock with sensible management and high insider ownership. Starting to make some nice northern moves.

So I should be buying more GB?

Anyone? Massive IPO tomorrow, I'm sure some are buying here...

Price you'll buy? Level you'll pass?

Alibaba feels like a get rich quick scheme, buy tomorrow and sell next week at a 25% gain... Maybe the booze talking, but I'm deep in thought on what to do tomorrow.

Hoping I get it below 85, waiting to see where it opens

Waiting to see myself.

 

[Drifter]

Cripes! Right to $98+. in minutes. My meager attempt to get in at $80 was blown by

 

[culdeus]

Cripes! Right to $98+. in minutes. My meager attempt to get in at $80 was blown by

You might get another shot at 80. Still losing oil.

 

[Drifter]

Cripes! Right to $98+. in minutes. My meager attempt to get in at $80 was blown by

You might get another shot at 80. Still losing oil.

I bought a small amount at $90.20. $90 seems to be as much of a psychological barrier on the low side as $100 was on the high - at least right now.

 

[St. Louis Bob]

Cripes! Right to $98+. in minutes. My meager attempt to get in at $80 was blown by

You might get another shot at 80. Still losing oil.

I bought a small amount at $90.20. $90 seems to be as much of a psychological barrier on the low side as $100 was on the high - at least right now.

My order I put in this morning for 50 @ $90 just tripped. We'll see.

 

[General Malaise]

GM, is this BioSyent going to go up forever or what? You guys bailing on it at any point, or is it still going to be a long-term hold?

I'm not bailing and we're not bailing. We tend to ride winners and will average up. We have a non-PC saying here that "averaging down killed more...." well, that's all I'm going to say on that.

If I sell, I'll mention it here.

Another core holding is acting well today: Clearwater Seafoods. I wrote about that here a while back. Another stock with sensible management and high insider ownership. Starting to make some nice northern moves.

So I should be buying more GB?

Anyone? Massive IPO tomorrow, I'm sure some are buying here...

Price you'll buy? Level you'll pass?

Alibaba feels like a get rich quick scheme, buy tomorrow and sell next week at a 25% gain... Maybe the booze talking, but I'm deep in thought on what to do tomorrow.

Hoping I get it below 85, waiting to see where it opens

Waiting to see myself.

I'd just sit tight. Clearwater is a good long term hold, but I don't see it rocketing up to $20 anytime soon. It could be a nice, slow and steady climber.

 

[Bob Sacamano]

What's got PMs taking it in the ###? Platinum almost looks downright cheap.

 

[John Bender]

So can someone help a complete noob in this arena with a good deal of money in savings that wants to put it to work and also get involved in the stock market.

My company grants me lots of stocks that sit in a Morgan Stanley account but it's NOT a brokerage account. I would need to sell them off and open a brokerage account on my own with a financial advisor. I would prefer using a financial advisor being a newbie because some are options some are restricted and there's just a lot involved.

Let's say, for all intents and purposes, I end up bringing those company granted stocks into a brokerage.

But I'd also just like to take a few grand from my savings and open an E-Trade account or the like on my own.

Can I do this? Is it as simple as opening an E-Trade (or whatever service account), dumping in 5 grand and buying the stocks that I want? Selling them when I want (for a commission obviously)? Cashing out or adding more when I want?

I'm very nervous to get my feet wet but I'd like some authority of my own to do my own thing with money that's just sitting in savings accounts doing nothing.

I would really love some advice from someone who is a casual day trader on how to get started via PM or even a phone call if someones a trusted FBG.

Or is this stupid, and if I'm going to open a brokerage with my company stocks, I should just give that broker the 5K I would have invested on my own anyway and let him have at it?

Are taxes doubly tough if I want to manage my own account AND have a broker manage my company stock portfolio?

Is the stock market so high right now, that this is just a terrible idea either way and I'd be safer letting money sit in savings? Should I just wait for something similar happening like 2008 and then jump in here?

As you can see, I've got the money, but not the experience. Would appreciate any responses that explain it like I'm a 3rd grader.

TIA

 

[Drifter]

Morgan Stanley has options for "managed" investment accounts that sound like they might be exactly what you are looking for.

 

[Drifter]

I had previously said to wait on SWFT until after what I expect to be less than great Q3 earnings but it's threatening to drop below $20 so this might be a great entry point. Sometime during or shortly after Q4, I expect this one gets back to at least $24 with a possibility for a $26ish

 

[eoMMan]

I had previously said to wait on SWFT until after what I expect to be less than great Q3 earnings but it's threatening to drop below $20 so this might be a great entry point. Sometime during or shortly after Q4, I expect this one gets back to at least $24 with a possibility for a $26ish

Are they having trouble getting drivers?

 

[Drifter]

I had previously said to wait on SWFT until after what I expect to be less than great Q3 earnings but it's threatening to drop below $20 so this might be a great entry point. Sometime during or shortly after Q4, I expect this one gets back to at least $24 with a possibility for a $26ish

Are they having trouble getting drivers?

I think I answered this earlier. Everyone is having trouble getting drivers. Their biggest issues is that their acquisition of Central Refrigerated last year is hurting their operating efficiencies. They also took on some pretty big Dedicated projects in the last year (I'd give the companies but I'm not sure if that's a matter of public record or not) that's had some decent capital startup costs and required them to cannibalize their for hire fleet a bit. They are wins in the long run but holding them back. I expect a strong Q4 for transportation in general and think Swift, in particular, will have a very strong quarter.

 

[Drifter]

I'll add that weather is a big X-factor. That mucked up everyone in Q1 this year a good deal.

 

[guru_007]

So can someone help a complete noob in this arena with a good deal of money in savings that wants to put it to work and also get involved in the stock market.

My company grants me lots of stocks that sit in a Morgan Stanley account but it's NOT a brokerage account. I would need to sell them off and open a brokerage account on my own with a financial advisor. I would prefer using a financial advisor being a newbie because some are options some are restricted and there's just a lot involved.

Let's say, for all intents and purposes, I end up bringing those company granted stocks into a brokerage.

But I'd also just like to take a few grand from my savings and open an E-Trade account or the like on my own.

Can I do this? Is it as simple as opening an E-Trade (or whatever service account), dumping in 5 grand and buying the stocks that I want? Selling them when I want (for a commission obviously)? Cashing out or adding more when I want?

I'm very nervous to get my feet wet but I'd like some authority of my own to do my own thing with money that's just sitting in savings accounts doing nothing.

I would really love some advice from someone who is a casual day trader on how to get started via PM or even a phone call if someones a trusted FBG.

Or is this stupid, and if I'm going to open a brokerage with my company stocks, I should just give that broker the 5K I would have invested on my own anyway and let him have at it?

Are taxes doubly tough if I want to manage my own account AND have a broker manage my company stock portfolio?

Is the stock market so high right now, that this is just a terrible idea either way and I'd be safer letting money sit in savings? Should I just wait for something similar happening like 2008 and then jump in here?

As you can see, I've got the money, but not the experience. Would appreciate any responses that explain it like I'm a 3rd grader.

TIA

Avoid a financial 'advisor' for now.

If I were you I'd consult a good CPA and figure out the best way to convert what you have into something you can invest. There are probably some pretty significant tax implications that you need to consider also. After that is said and done, you may want to have a sit down with an advisor, but really they are just glorified salesman, and they do not have your best interest at heart, so beware. Even though you're a newbie, with a bit of reading/due dilligence/effort, you can probably do well enough on your own to start.

 

[Drifter]

So can someone help a complete noob in this arena with a good deal of money in savings that wants to put it to work and also get involved in the stock market.

My company grants me lots of stocks that sit in a Morgan Stanley account but it's NOT a brokerage account. I would need to sell them off and open a brokerage account on my own with a financial advisor. I would prefer using a financial advisor being a newbie because some are options some are restricted and there's just a lot involved.

Let's say, for all intents and purposes, I end up bringing those company granted stocks into a brokerage.

But I'd also just like to take a few grand from my savings and open an E-Trade account or the like on my own.

Can I do this? Is it as simple as opening an E-Trade (or whatever service account), dumping in 5 grand and buying the stocks that I want? Selling them when I want (for a commission obviously)? Cashing out or adding more when I want?

I'm very nervous to get my feet wet but I'd like some authority of my own to do my own thing with money that's just sitting in savings accounts doing nothing.

I would really love some advice from someone who is a casual day trader on how to get started via PM or even a phone call if someones a trusted FBG.

Or is this stupid, and if I'm going to open a brokerage with my company stocks, I should just give that broker the 5K I would have invested on my own anyway and let him have at it?

Are taxes doubly tough if I want to manage my own account AND have a broker manage my company stock portfolio?

Is the stock market so high right now, that this is just a terrible idea either way and I'd be safer letting money sit in savings? Should I just wait for something similar happening like 2008 and then jump in here?

As you can see, I've got the money, but not the experience. Would appreciate any responses that explain it like I'm a 3rd grader.

TIA

Avoid a financial 'advisor' for now.

If I were you I'd consult a good CPA and figure out the best way to convert what you have into something you can invest. There are probably some pretty significant tax implications that you need to consider also. After that is said and done, you may want to have a sit down with an advisor, but really they are just glorified salesman, and they do not have your best interest at heart, so beware. Even though you're a newbie, with a bit of reading/due dilligence/effort, you can probably do well enough on your own to start.

Yes/No. One of the nice things about a managed investment account from Morgan Stanley is that it can give you access to institutional shares, which can be nice.

 

[eoMMan]

So can someone help a complete noob in this arena with a good deal of money in savings that wants to put it to work and also get involved in the stock market.

My company grants me lots of stocks that sit in a Morgan Stanley account but it's NOT a brokerage account. I would need to sell them off and open a brokerage account on my own with a financial advisor. I would prefer using a financial advisor being a newbie because some are options some are restricted and there's just a lot involved.

Let's say, for all intents and purposes, I end up bringing those company granted stocks into a brokerage.

But I'd also just like to take a few grand from my savings and open an E-Trade account or the like on my own.

Can I do this? Is it as simple as opening an E-Trade (or whatever service account), dumping in 5 grand and buying the stocks that I want? Selling them when I want (for a commission obviously)? Cashing out or adding more when I want?

I'm very nervous to get my feet wet but I'd like some authority of my own to do my own thing with money that's just sitting in savings accounts doing nothing.

I would really love some advice from someone who is a casual day trader on how to get started via PM or even a phone call if someones a trusted FBG.

Or is this stupid, and if I'm going to open a brokerage with my company stocks, I should just give that broker the 5K I would have invested on my own anyway and let him have at it?

Are taxes doubly tough if I want to manage my own account AND have a broker manage my company stock portfolio?

Is the stock market so high right now, that this is just a terrible idea either way and I'd be safer letting money sit in savings? Should I just wait for something similar happening like 2008 and then jump in here?

As you can see, I've got the money, but not the experience. Would appreciate any responses that explain it like I'm a 3rd grader.

TIA

Avoid a financial 'advisor' for now.

If I were you I'd consult a good CPA and figure out the best way to convert what you have into something you can invest. There are probably some pretty significant tax implications that you need to consider also. After that is said and done, you may want to have a sit down with an advisor, but really they are just glorified salesman, and they do not have your best interest at heart, so beware. Even though you're a newbie, with a bit of reading/due dilligence/effort, you can probably do well enough on your own to start.

Yes/No. One of the nice things about a managed investment account from Morgan Stanley is that it can give you access to institutional shares, which can be nice.

I hear ya, but the fees are sick and honestly, a lot of the trades some of those guys do are pointless (churning).

I think for a lot of people, a better approach is to simply read/learn a little and do their own, long term investing via mutual funds (Vanguard, Fidelity, etc.). Keep costs low.

 

[John Bender]

So can someone help a complete noob in this arena with a good deal of money in savings that wants to put it to work and also get involved in the stock market.

My company grants me lots of stocks that sit in a Morgan Stanley account but it's NOT a brokerage account. I would need to sell them off and open a brokerage account on my own with a financial advisor. I would prefer using a financial advisor being a newbie because some are options some are restricted and there's just a lot involved.

Let's say, for all intents and purposes, I end up bringing those company granted stocks into a brokerage.

But I'd also just like to take a few grand from my savings and open an E-Trade account or the like on my own.

Can I do this? Is it as simple as opening an E-Trade (or whatever service account), dumping in 5 grand and buying the stocks that I want? Selling them when I want (for a commission obviously)? Cashing out or adding more when I want?

I'm very nervous to get my feet wet but I'd like some authority of my own to do my own thing with money that's just sitting in savings accounts doing nothing.

I would really love some advice from someone who is a casual day trader on how to get started via PM or even a phone call if someones a trusted FBG.

Or is this stupid, and if I'm going to open a brokerage with my company stocks, I should just give that broker the 5K I would have invested on my own anyway and let him have at it?

Are taxes doubly tough if I want to manage my own account AND have a broker manage my company stock portfolio?

Is the stock market so high right now, that this is just a terrible idea either way and I'd be safer letting money sit in savings? Should I just wait for something similar happening like 2008 and then jump in here?

As you can see, I've got the money, but not the experience. Would appreciate any responses that explain it like I'm a 3rd grader.

TIA

Avoid a financial 'advisor' for now.

If I were you I'd consult a good CPA and figure out the best way to convert what you have into something you can invest. There are probably some pretty significant tax implications that you need to consider also. After that is said and done, you may want to have a sit down with an advisor, but really they are just glorified salesman, and they do not have your best interest at heart, so beware. Even though you're a newbie, with a bit of reading/due dilligence/effort, you can probably do well enough on your own to start.

Yes/No. One of the nice things about a managed investment account from Morgan Stanley is that it can give you access to institutional shares, which can be nice.

I hear ya, but the fees are sick and honestly, a lot of the trades some of those guys do are pointless (churning).

I think for a lot of people, a better approach is to simply read/learn a little and do their own, long term investing via mutual funds (Vanguard, Fidelity, etc.). Keep costs low.

Could I ask a follow up question?

So what's the difference between Fidelity and Morgan Stanley for a user like me?

I agree, the fees seem a little crazy and I would really like to get involved myself (I'm a charter member of the gambling thread) but would work hard to educate myself.

In general, is now a bad time to get all IN to the market? One way or the other, if it is a bad time, I should start to move these company stocks out since we are at an all-time high.

Thanks to all.

 

[guru_007]

Bender, there is not much difference in brokerage houses. The major differences are trading fees and research available.

I'm not sure how much money you're talking here, and what your exact level of trading knowledge may be...

But, again, if it were me, I like having control over my own money, and specifically over the fees I'm paying and where my money is being invested.

Is this a good time to get in the market? Well, smarter people than me can answer that question, but I don't think anyone can time the market.

I'm very conservative, so I think all things being equal, the easiest way to boost your returns is by lowering your fees paid. But, it's not always how much you make, but how much you keep, so you always need to keep taxes in mind.

g'luck

 

[John Bender]

Bender, there is not much difference in brokerage houses. The major differences are trading fees and research available.

I'm not sure how much money you're talking here, and what your exact level of trading knowledge may be...

But, again, if it were me, I like having control over my own money, and specifically over the fees I'm paying and where my money is being invested.

Is this a good time to get in the market? Well, smarter people than me can answer that question, but I don't think anyone can time the market.

I'm very conservative, so I think all things being equal, the easiest way to boost your returns is by lowering your fees paid. But, it's not always how much you make, but how much you keep, so you always need to keep taxes in mind.

g'luck

As far as the company stocks that have been awarded to me. I've been electing a standard tax withholding of 25% to help with tax time. I'm sure this doesn't cover all of the nonsense.

I guess I'll have to research the fees amongst the brokerages out there. We are talking a lot of money to me. I've been very lucky about being hired into my position that awards considerable stock options and restricted stocks literally 2 days after the market crashed in September of 2008. Those initial offerings are now worth 12 times what they were granted at. Plus the yearly new options at higher strike prices as the years passed (awarded another package that vest on a rolling scale once a year).

And yes, all of that is sitting there, with 1 single company and I've never exercised or sold any of them (stupid, right?). I obviously need to talk to a pro. I just wanted to sound at least somewhat educated before doing so, so that I DON'T get roped into paying ridiculous fees. I do appreciate any direction. I suppose it's dumb to ask "is now a good time to get into the market" when I'm already IN the market per say as these stocks are tied to how well my company performs. I suppose ANY time is a good time to diversify them. I'm such a nudnick with this crap. I'm all about handling this myself, just need the knowledge and tools to do so.

 

[The Ref]

Bender, there is not much difference in brokerage houses. The major differences are trading fees and research available.

I'm not sure how much money you're talking here, and what your exact level of trading knowledge may be...

But, again, if it were me, I like having control over my own money, and specifically over the fees I'm paying and where my money is being invested.

Is this a good time to get in the market? Well, smarter people than me can answer that question, but I don't think anyone can time the market.

I'm very conservative, so I think all things being equal, the easiest way to boost your returns is by lowering your fees paid. But, it's not always how much you make, but how much you keep, so you always need to keep taxes in mind.

g'luck

As far as the company stocks that have been awarded to me. I've been electing a standard tax withholding of 25% to help with tax time. I'm sure this doesn't cover all of the nonsense.

I guess I'll have to research the fees amongst the brokerages out there. We are talking a lot of money to me. I've been very lucky about being hired into my position that awards considerable stock options and restricted stocks literally 2 days after the market crashed in September of 2008. Those initial offerings are now worth 12 times what they were granted at. Plus the yearly new options at higher strike prices as the years passed (awarded another package that vest on a rolling scale once a year).

And yes, all of that is sitting there, with 1 single company and I've never exercised or sold any of them (stupid, right?). I obviously need to talk to a pro. I just wanted to sound at least somewhat educated before doing so, so that I DON'T get roped into paying ridiculous fees. I do appreciate any direction. I suppose it's dumb to ask "is now a good time to get into the market" when I'm already IN the market per say as these stocks are tied to how well my company performs. I suppose ANY time is a good time to diversify them. I'm such a nudnick with this crap. I'm all about handling this myself, just need the knowledge and tools to do so.

I'd stop worrying about paying outrageous fees and start to worry about the fact that you have (what sounds like) a high % of your assets in once company and that company is the one that pays you.

You are an Enron away from moving in with me or RN.

 

[Aaron Rudnicki]

I haven't read the whole discussion, but for a beginner I think it's always good to start with index funds at a place like Vanguard. Very low fees and plenty of diversity.

 

[The Ref]

I haven't read the whole discussion, but for a beginner I think it's always good to start with index funds at a place like Vanguard. Very low fees and plenty of diversity.

I'll second this, but the main issue for JB right now is having that much at risk in one company. if they go bankrupt tomorrow he has no paycheck and no shares.

 

[Northern Voice]

This discussion is great. I'm just enrolling in my new company's ESPP and weighing the same thing about not having too much dependence on my employer.

I have some RRSPs (rough CDN equivalent of 401k), a bit in mutual funds a small amount for now I've been playing around with myself.

My company stock was generally considered overpriced to begin with, then jumped another $25/share or so about 3 weeks ago on some big news. (I'm not sure if there's any reason to or not to say who I work for...?)

Knowing that, I don't think there's huge growth coming in the stock price, since I may have missed that already. On the other hand, I purchase at 85% of lesser of price at start or end of purchase period, and I'm not required to hold for any length of time... So depending on fees, I may be best to purchase and sell immediately for some guaranteed growth...

 

[Drifter]

This discussion is great. I'm just enrolling in my new company's ESPP and weighing the same thing about not having too much dependence on my employer.

I have some RRSPs (rough CDN equivalent of 401k), a bit in mutual funds a small amount for now I've been playing around with myself.

My company stock was generally considered overpriced to begin with, then jumped another $25/share or so about 3 weeks ago on some big news. (I'm not sure if there's any reason to or not to say who I work for...?)

Knowing that, I don't think there's huge growth coming in the stock price, since I may have missed that already. On the other hand, I purchase at 85% of lesser of price at start or end of purchase period, and I'm not required to hold for any length of time... So depending on fees, I may be best to purchase and sell immediately for some guaranteed growth...

ummm, why wouldn't you?

 

[fantasycurse42]

ADRE is getting hard to stomach. This thing flipped from nice bull to monster bear in a split second. Just want this month to end already...

 

[Eminence]

I'm getting in on ONVO.

 

[siffoin]

ADRE is getting hard to stomach. This thing flipped from nice bull to monster bear in a split second. Just want this month to end already...

Lest anyone think I'm ignoring the thread because $ADRE is dropping I'm not.

FC: Remember the goal of the strategy is to beat the $SPY. At this point the strategy is doing that. Up about 5% on this run. Sure "paper" returns looked better a couple of weeks ago...but to this point we've still got profits...and 5% over 3 months time is solid. Everyone has a place to take profits/losses - and I'm cool with you taking profits here - but as discussed this particular strategy is once a month.

Remember - NO ONE KNOWS THE FUTURE...

Speaking to that-

Now I don't want to get all in my personal life here. But the past month has been one where I've had a number of health issues.

The first is that I've been recovering from an abdominal surgery that occurred in August. Though recovery from that is 6-8 weeks I've been ideal - a top patient. Much further along that most.

Unfortunately, a week ago last Saturday, while I was out on a hike I had an "issue." And later on in the day lost the vision in one of my eyes. Last Monday I was sent to a retina specialist who determined the Saturday "event" was a stoke and that the loss of vision would be permanent- that tissue in the eye had lost 100% of blood flow and was dead. They sent me for a battery of further tests to determine why I would have had a stroke. Echo cardiograms, exotic blood tests, brain MRIs and arterial ultrasounds - they discovered that the carotid artery tore (dissected) near the brain, caused a clot and the clot caused the stroke that went to the eye. Though out of the hospital now that's where I was last week.

Though I believe at the moment my risk for another stoke is small (like 5-10%)...that's still 5-10%. Fortunately everyday that goes by the odds for another stroke will drop, and I'm optimistic I will be out of that risk window in 6 months. And if there is any silver lining in all of this it is this - I can still see out of one eye 100%. I will still be able to do everything I love to do (mtn bike, ski, golf etc (though you may not want to ski to the left side of me and I now must be given every putt within 5 feet of the hole). Who knows in the future maybe $ONVO will be able to print me up a new eye too. I chalk this all up to the randomness of life as I have no risk factors for why this has happened (I'm 6' tall - prior to the Aug surgery I was 175lbs (I'm about 155 now), no smoker no drinker, eat clean, exercise every day) Shiz happens.

Because of all of this- My goal is to post (at least weekly) the Top Monthly Sector until I feel I'm no longer at risk for another stroke. That way no one will be in the "dark" as to where to strategy stands. But remember this is a MONTHLY ROTATION - so the rules remain the same. Trades Open/Close on the last trading day of the month NEAR the close of the market. So the next trade opportunity would be next Tues - the 30th.

I'll do my best to post the current Top Ranked Sector sometime today.

 

[Al Czervik]

Siff- Sorry to hear about your health issues. Best wishes moving forward.

 

[Drifter]

Siff - take care of yourself. Your health is the most valuable thing you have.

 

[fantasycurse42]

Siff, so sorry to hear about the health issues. Hopefully all goes well and smooth with the recovery as that is beyond the most important thing for you. #### happens, but hopefully the negatives are now in the rear-view for you.

FTR, I wasn't complaining so much as venting, no need to give it any thought.

 

[Brony]

Jeebus Siff, you're lucky to be alive. Take care of yourself. I hope you have a speedy and uneventful recovery.

 

[optionmaven]

Sending thoughts and prayers your way Siff. Thanks for all the knowledge you have passed on through the years. MUCH APPRECIATED!!!

 

[Mystery Achiever]

Though I believe at the moment my risk for another stoke is small (like 5-10%)...that's still 5-10%. Fortunately everyday that goes by the odds for another stroke will drop, and I'm optimistic I will be out of that risk window in 6 months.

Wishing that for you and all good health.

 

[St. Louis Bob]

Hang in there my brother. :(

 

[siffoin]

First of all. THANK YOU ALL for the nice thoughts and wishes. It is sincerely appreciated.

But my point was really to just be honest as to why I've not been here while the $ADRE position has been dropping. I don't post here or elsewhere without giving serious thought - and want to make sure anyone following along doesn't feel that they are being left out or worse by my recent absence.

If we were to rank all 6 ETFs today:

$IVV (lrg cap) would be at the top of the list. But making a huge leap is $IEF (bonds) which is in 2nd place having languished in 5th-6th for quite some time. In fact it has been more than 2+ years since Bonds have been the top ranked ETF.

 

[General Malaise]

Man, Siff. Good luck, buddy.

 

[eoMMan]

Best wishes to you, siff. Take it easy and stay positive.

 

[Aaron Rudnicki]

what they said. get well.

 

[sbonomo]

ADRE is getting hard to stomach. This thing flipped from nice bull to monster bear in a split second. Just want this month to end already...

Lest anyone think I'm ignoring the thread because $ADRE is dropping I'm not.

FC: Remember the goal of the strategy is to beat the $SPY. At this point the strategy is doing that. Up about 5% on this run. Sure "paper" returns looked better a couple of weeks ago...but to this point we've still got profits...and 5% over 3 months time is solid. Everyone has a place to take profits/losses - and I'm cool with you taking profits here - but as discussed this particular strategy is once a month.

Remember - NO ONE KNOWS THE FUTURE...

Speaking to that-

Now I don't want to get all in my personal life here. But the past month has been one where I've had a number of health issues.

The first is that I've been recovering from an abdominal surgery that occurred in August. Though recovery from that is 6-8 weeks I've been ideal - a top patient. Much further along that most.

Unfortunately, a week ago last Saturday, while I was out on a hike I had an "issue." And later on in the day lost the vision in one of my eyes. Last Monday I was sent to a retina specialist who determined the Saturday "event" was a stoke and that the loss of vision would be permanent- that tissue in the eye had lost 100% of blood flow and was dead. They sent me for a battery of further tests to determine why I would have had a stroke. Echo cardiograms, exotic blood tests, brain MRIs and arterial ultrasounds - they discovered that the carotid artery tore (dissected) near the brain, caused a clot and the clot caused the stroke that went to the eye. Though out of the hospital now that's where I was last week.

Though I believe at the moment my risk for another stoke is small (like 5-10%)...that's still 5-10%. Fortunately everyday that goes by the odds for another stroke will drop, and I'm optimistic I will be out of that risk window in 6 months. And if there is any silver lining in all of this it is this - I can still see out of one eye 100%. I will still be able to do everything I love to do (mtn bike, ski, golf etc (though you may not want to ski to the left side of me and I now must be given every putt within 5 feet of the hole). Who knows in the future maybe $ONVO will be able to print me up a new eye too. I chalk this all up to the randomness of life as I have no risk factors for why this has happened (I'm 6' tall - prior to the Aug surgery I was 175lbs (I'm about 155 now), no smoker no drinker, eat clean, exercise every day) Shiz happens.

Because of all of this- My goal is to post (at least weekly) the Top Monthly Sector until I feel I'm no longer at risk for another stroke. That way no one will be in the "dark" as to where to strategy stands. But remember this is a MONTHLY ROTATION - so the rules remain the same. Trades Open/Close on the last trading day of the month NEAR the close of the market. So the next trade opportunity would be next Tues - the 30th.

I'll do my best to post the current Top Ranked Sector sometime today.

holy chit siff....Glad to hear you are doing ok. You have always been a valued poster here. Glad to hear that you have a positive outlook on all that happened. Thanks again for everything you have added to this forum.

 

[Bob Sacamano]

Thoprawishes siff.

I'm calling bull#### on the 5 footers, though.

 

[guru_007]

Yeah, many best wishes Siff. You've spent a great deal of time writing, attempting to educate and help people. That was very nice of you.

Will say a prayer for all to get better.

 

[siffoin]

Thoprawishes siff.

I'm calling bull#### on the 5 footers, though.

I guess sympathy extends all the way to the first tee - and not an inch beyond. Sons of #####es.

Again - thanks all of you for the good thoughts.

 

[Drifter]

First of all. THANK YOU ALL for the nice thoughts and wishes. It is sincerely appreciated.

But my point was really to just be honest as to why I've not been here while the $ADRE position has been dropping. I don't post here or elsewhere without giving serious thought - and want to make sure anyone following along doesn't feel that they are being left out or worse by my recent absence.

If we were to rank all 6 ETFs today:

$IVV (lrg cap) would be at the top of the list. But making a huge leap is $IEF (bonds) which is in 2nd place having languished in 5th-6th for quite some time. In fact it has been more than 2+ years since Bonds have been the top ranked ETF.

I think the IEF strength was at least partly due to uncertainty over what the Fed was going to say about interest rates. They had a bunch of above their average trading volume days last week before the end of the week Fed stuff. Although, now that it looks like the Fed will hold off on raising interest rates until the Spring, IEF has still traded both up and above average volume on Friday and Monday. Might be just general crappy market performance is the other big factor.