Posted on March 7, 2008 by Jay Landry
I thought today would be the day. Nope. Someone started bidding stocks up late in the day and we couldn’t get a big down close. We are really getting to a strained oversold position, but I don’t think we are there yet. I like to play rallies or sell-offs in bear markets that technically setup [...]
Filed under: The Market | Tagged: Cramer, quant funds | Leave a Comment »
Posted on March 7, 2008 by Jay Landry
Remember when you were in school and there was always that kid at the front of the class who would always have the correct answer when the teacher called on him? Then the teacher would call on another kid sleeping in the back of the class and that kid at the front would turn around with that smug grin on [...]
Filed under: The Market | Tagged: bonds, fed rate cuts, treasuries, yields | Leave a Comment »
Posted on March 7, 2008 by Jay Landry
The only holding in my portfolio that has me checking on it every day is NYX. PG and MO I really am not too concerned with. They are great dividend payers and their long-term prospects especially in this type of environment are great.
As for NYX though, I have a cost basis of $76.05. NYX is [...]
Filed under: Stocks | Tagged: NYX | Leave a Comment »