Something to remember

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    Something to remember

    Every month, millions of Americans are pumping 6% of their paychecks into 401k plans....without knowing it, they are fortifying the market..and getting a pretty good deal right now.

    The insanity will stop..spell it "opportunity".
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$
  • IIC
    Senior Member
    • Nov 2003
    • 14938

    #2
    Originally posted by mrmarket View Post
    Every month, millions of Americans are pumping 6% of their paychecks into 401k plans....without knowing it, they are fortifying the market..and getting a pretty good deal right now.

    The insanity will stop..spell it "opportunity".
    I have no doubt it will stop...But When???
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

    Follow Me On Twitter

    Comment

    • mrmarket
      Administrator
      • Sep 2003
      • 5971

      #3
      How about run a screen where you find a stock down at least 30% in the last 3 months with growing earnings, revenues, low PE and zero debt on the balance sheet.

      Certainly this would be a company oversold in the panic downdraft..wouldn't you think??
      =============================

      I am HUGE! Bring me your finest meats and cheeses.

      - $$$MR. MARKET$$$

      Comment

      • IIC
        Senior Member
        • Nov 2003
        • 14938

        #4
        These all do not meet your exact criteria but most are pretty close:

        AREX BRCM HGT IINN NCTY PSE SBR WH SJT SDTH QLGC PBT

        Like any of 'em?

        Best, Doug
        "Trade What Is Happening...Not What You Think Is Gonna Happen"

        Find Tomorrow's Winners At SharpTraders.com

        Follow Me On Twitter

        Comment

        • mrmarket
          Administrator
          • Sep 2003
          • 5971

          #5
          TNH was one that hit me too.
          =============================

          I am HUGE! Bring me your finest meats and cheeses.

          - $$$MR. MARKET$$$

          Comment

          • New-born baby
            Senior Member
            • Apr 2004
            • 6095

            #6
            Originally posted by mrmarket View Post
            TNH was one that hit me too.
            Farmers are getting killed right now. Here's how:
            1. In the Spring, they contracted to dry their corn and soybeans with L.P. gas at least 50 cents per gallon than the current price today.
            2. They paid super high prices for seed and fertilizer due to the ethanol blitz.
            3. Corn and bean prices rose to unprecedented highs, only to collapse these past two months. Corn is again $3.70! My bro.-in-law sold his corn at $6.75 this Spring; corn was $8+ on the Chicago board. All those farmers who waited for higher prices got crucified with higher inputs and then received lower commodity prices for their produce. Many went out and borrowed for new equipment, signed leases to rent land to farm for a number of years, and have thus shacked themselves into default.


            It ain't good.

            TNH: made the money off of the fertiziler that the farmer cannot now afford. Therefore this pick isn't for me.

            HGT: 25% divy on Natural Gas. YEAH, Doug! Bring it on!
            pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

            Comment

            • MEA_1956
              Senior Member
              • Oct 2003
              • 655

              #7
              SJT is a fav.

              Me I like SJT, this is were my wife is from and also where I broke out in the oilfield. The San Jaun Basin is a huge Naturial Gas play that is almost drilled out, working on there infield drilling at present time. Will be producing for a few more years at the current rate, and then who knows what will happen. MEA
              GO BIG RED!!!!!

              Comment

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