Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Hi Tony!
A momentum thing....but it's weekly. For me, it's buy the dips. It's faster. You're waiting too long for a buy signal. What they talked about was a time when rates were going down (most timeframes). While I like charts, it's not my str…
Yeah, I agree with you. The Fed painted themselves into the corner. Where I work, things are slowing.....have been for a while now. So, from my view, things aren't looking so rosy right now. I agree REITs have had a run and also agree many are o…
Hi guys!
I also think it's a hold. The double BTM was really bullish, but the dippers did their thing again. I was looking for a slower rise into the holidays as a building of support. There are things that need to change to get me to be bullish …
LLJB,
What a tough question.....what will the future hold and what will I do? When Hillary got all twitty, FBIOX fell 6% or so, JAGLX, about 4%. As the race heats up and they come out with their "I'm gonna do this plan!," and they start to dogpile…
DlphcOracl,
Hey, I owe you a big apology. I misunderstood your post.....and then proceeded to chide out of turn. My sarcasm was uncalled for, and I apologize. Hopefully, we will meet again on the board and you will see I can be clearer, more con…
DlphcOracl,
Listen....I will say this again, sssllllloooowwwwllly (lol)......I can only buy mutual funds....no ETFs.....no stocks.......only mutual funds. It's the only way my company will allow me to invest---until I retire. I have owned these f…
PRESSmUP,
I like what you say......again, 2016 is elections. No one cares about profits or companies.....it's about the self-serving politicians and what they say about things. Think about it! Per visit, who will you vote for? These companies wi…
Hi LLJB,
It's good to hear from you. Your post caught my attention. The weakness you allude to is only the beginning, I fear. While you talk about foreign and emerging markets, they don't pay the bills of these companies----we do! We are the ric…
Hi Mulder!
Yes, have and still own it. I think it's a good fund. Also, I think value will come into play soon-----msf, yes, also owned LCEIX, but sold it. Silly me. Where's that redo button at?
the Pudd
Wow.....is this an old thread or what? Many people at work are worried about the markets now (401s). Before, no one cared.....now, mommy make it stop (lol)! Have been doing some buying. ADDed to TMSFX. This is the first long short fund I've eve…
Hi guys!
Been busy 55 - 60 hours a week PLUS summer things to do. So, I've been selling hoping for a correction at some point. Most of this is old (sorry) FBIOX - TMSFX the tip of the spear went. Hope to get a better price FSENX - FSRFX - FMEIX. …
Hi Scott!
I saw that this morning. It's good for 90 days, so let's see how they can screw this up and drag it on. The IMF says, "haircut." Grease (the way it should be spelled!) says, "Haircut? I'm thinking protests!" Talk sh**......after all i…
Hi guys!
I must agree with the Linkster....Monday is a buy day. All markets should be down. An international or global fund maybe as the dollar might strengthen. This week should be interesting---with China in the mix. Things are happening that …
Hi guys!
I will keep this short, but it will not be sweet. I owned many Michael Price funds. David is a second string, overpaid, one-time wonder......a JV player, so to speak. His words are not worth my time. Also, all Price students own tobacco…
☺Hi Scott and MikeM!
As I am viewing your link, page 8 has given me a question: mezzanine loans---what is that? I see the Libor connection 80% of loans. Page 11: the pie charts also look good....well diversified....I like that. I see page 22 an…
Hi MikeM!
My friend who taught me the game said, "Buy when you can't mark it to market; the spread is your friend." Then again sometimes you win or not.
God bless
the Pudd
p.s. REITs....what about rates rising?
Hi guys!
Monday I felt like Cramer.....BUY! BUY! BUY! Bought MAPIX, JOHAX, FMIJX, GLFOX, FPHAX, FSPHX. Wow! Long time since I bought so many funds. Did some more buying added to Tuesday: GLFOX, FMIJX, FPHAX, FSPHX, and bought FSRFX. The tran…
Hi Scott!
You and I agree on much. No amount of money will stop what has to be done. Only make the bill larger. China can cut for a while....many new players have come to the game. There, again, that buys time. Also, China has not done QE yet …
Hi Scott!
Good to hear from you. Yes, I go along with that thought. It's been a while since I heard that name (Draghi). He already shot down nay-sayers when they wanted to stop QE a while back. He advocated staying the course until at least Sept…
Hi Scott!
Love these threads. I was waiting on Grease,.....uh, sorry, Greece....before doing much. I see there's more money owed in July and August to the European Union. Will this turmoil ever end? ..... 300 stops an army ..... 11 million stops …
Hi guys!
My thought was maybe a lot mis-stated, let's say. I should've said mid long-term....my use of the word "buckets" was not well chosen. The funds I chose are funds I own now. In three (3) years, I will retire.....soooooo, what I'm looking …
Hi guys!
Have sold PTHDX since they're going to close it anyway. Have bought NSC for my IRA. I am going to sell BTBFX --- soon. Large caps and bonds are not in, sooooo it's time to move on. Was hoping for a larger pullback to add to things on t…
legalcool.com/lawyers/Pennsylvania/Lancaster/17602/1vlm/Thomas-Adrian-Russo.html
Sooooo.......WTF?!
Just what are we here and do we have time for all of this. Maybe that's why we have a buy and hold portfolio, eh?
Thanks, Bee!
I do like what I see......got an address and phone number.....he's like in our neck of the woods. Will play call and speak next week.
the Pudd
Linkster,
What do you know about this guy? I like what he said, but I have never heard of him before. Is he all that and a bag of chips or what? Can one invest with him? I like his long term approach. It's like fresh air to grow a long term por…
Ted,
Thanks, Linkster, for scaring the pants off me (LOL). Looks like 2007 all over again. The highest yielding/lowest rated slice sold out first --- losses as high as 27%. Why would you ever?? And the deal sold out in hours.....are you serious?…
Hi Scott!
I like this thread. It's my favorite next to David's commentary. One can find out what other people are thinking just reading this thread, I think. That's great. Sorry to be late again but it's the work thing.....we're busy right now. …
Hi Ted!
With so much in healthcare, one really hopes things go well. I have added a 5th healthcare fund to the mix a while back, TMFSX, mainly for its short positions.
the Pudd
Hi Tampa.
I had to re-read my post because I thought I said more than six (6) words: "76% of reported companies are up?" Up? By what indicator? Sales and revenue....probably 100% beat on that, right? So, if you're so bullish, what are you buyin…
Hi Scott!
Yes, Dennis is very annoying. The only fun you get is to see him be wrong so often. The railroad I will buy and hold long term. They don't make them anymore. It's just that I want it for less than where it's at (lol). I have seen lots…
Thanks, Linkster!
Great post....one word.....(genius).....you are your own worst enemy, just as he said. You must play the game to win. The future is not ours to know. It's been hidden from all eyes.
God bless.
the Pudd
p.s. Vacation day here...…
When one is foretold of wisdom coming this way, I wonder why so few partake of the knowledge that is so freely given. On a board of many --- why, I wonder.... If the other PIMCO man or the man from the midwest spoke .... how this thread might look…
