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Give me strength

Started by alwaysondbigscreen, March 06, 2009, 12:39:41 pm

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alwaysondbigscreen

March 06, 2009, 12:39:41 pm
Am I the last of the Bulls? Im starting to waver with my $ cost averaging strategy. Im just putting in a little every single month riding this bear all to the way down, but my a## is starting to chafe just a little ;D.
some say he's a cia experiment gone wrong

ErieHog

March 06, 2009, 01:01:34 pm #1
Quote from: alwaysondbigscreen on March 06, 2009, 12:39:41 pm
Am I the last of the Bulls? Im starting to waver with my $ cost averaging strategy. Im just putting in a little every single month riding this bear all to the way down, but my a## is starting to chafe just a little ;D.

I'd recommend asbestos underwear, but that's just my opinion.
No cause, ever, in the history of all mankind, has produced more cold-blooded tyrants, more slaughtered innocents, and more orphans than socialism with power. It surpassed, exponentially, all other systems of production in turning out the dead. The bodies are all around us. And here is the problem: No one talks about them. No one honors them. No one does penance for them. No one has committed suicide for having been an apologist for those who did this to them. No one pays for them. No one is hunted down to account for them. It is exactly what Solzhenitsyn foresaw in The Gulag Archipelago: "No, no one would have to answer. No one would be looked into." Until that happens, there is no "after socialism."
 

alwaysondbigscreen

March 06, 2009, 01:10:18 pm #2
I have a long term bargain hunting philosophy, and short term patience.
some say he's a cia experiment gone wrong

john c

March 06, 2009, 01:15:09 pm #3
Quote from: alwaysondbigscreen on March 06, 2009, 01:10:18 pm
I have a long term bargain hunting philosophy, and short term patience.

:)

Old Tusk

March 06, 2009, 05:37:20 pm #4
the good side is there can't be much downside. At most another third.
 
The Democrats are the party that says government can make you richer, smarter, taller and get the crabgrass out of our lawn. Republicans are the party that says government doesn't work, and then they get elected and prove it....P.J. O'Rourke

hawgbawb

March 06, 2009, 07:06:49 pm #5
Quote from: alwaysondbigscreen on March 06, 2009, 12:39:41 pm
Am I the last of the Bulls? Im starting to waver with my $ cost averaging strategy. Im just putting in a little every single month riding this bear all to the way down, but my a## is starting to chafe just a little ;D.

I'm with you. Don't lose your nerve.  It's about time, not timing.
I post, therefor I am.
John Highsmith Adams rocks.

alwaysondbigscreen

March 06, 2009, 08:13:21 pm #6
Quote from: MBoar on March 06, 2009, 05:11:45 pm
I'm getting an itch for some AMX, AOB, and NOV.
amx has been one of my favorites for a while, I actually got some of that when it spun off from tmx, and its been off to the races ever since. Well except for the last yr. I also like rf (i dont know why) and coca cola may be next on my list
some say he's a cia experiment gone wrong

alwaysondbigscreen

March 06, 2009, 08:15:38 pm #7
Quote from: Old Tusk on March 06, 2009, 05:37:20 pm
the good side is there can't be much downside. At most another third.
 
yea and now every time it goes down, I dont seem to lose as much $ as the time before  ;)
some say he's a cia experiment gone wrong

vandybuff

March 06, 2009, 11:44:24 pm #8
I have said on may occasions that I am not an equity investor, but my friends who are have become very perplexed over the last three days --- according to them it is now a great risk to short yet they see no indication of even a 'fair' retracement.  So they are standing down.
What a wonderful time to rediscover the hobby for a lifetime - a great book!!!

A happy life is doing something "that matters".  So start today!!!!!

OldPoop

March 07, 2009, 08:39:57 am #9
Quote from: hawgbawb on March 06, 2009, 07:06:49 pm
I'm with you. Don't lose your nerve.  It's about time, not timing.

I'll bet that's what the investors in the Weimar Republic were saying to each other in the cafes while drinking coffee and doodling on the backs of their million mark notes.
We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens my act only by permission.   Ayn Rand

You get what you pay for.   You pay for zombies, you get all you want – and then some. 
Milton Friedman
"To say the government is the source of prosperity is like saying that the ticks are keeping the dog alive."  Jeff Tucker
Government attracts sociopaths the way an open bar attracts alcoholics.      Doug Casey
War - the government tells you who the bad guy is . . . . . Revolution - you figure it out for yourself.

san1981

March 07, 2009, 10:07:12 am #10
I love me some NOV too. They have a nice backlog, great balance sheet and a monoply in the rig building business. Look at FLR too. $30B backlog and $2.1B in cash.
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