whether it's time to re-buy some stocks with the cash Krypto raised on her TIPs sales.
A few portents of better times have occurred lately. Credit card losses have fallen. Mortgage 90 day delinquency rates have dropped, too. And yesterday home prices nationally showed a year over year increase.
Part of the nation seems to be solidly in recovery: New England, parts of the Midwest, the Plains. Part seems still in the swamp: FL, AZ, NV, CA - primarily the places where the housing bubble was worst. But some of those areas such as San Diego shows home price increases now.
China's manufacturing numbers were OK overnight.
The Euro panic seems over.
I was waiting for the low 1000's, but maybe yesterday's 1040 area was the intermediate term bottom.
Thinking ....
I may buy some stocks today, likely just index funds as I have no particularly good ideas on specific stocks.
PS: I did buy some US stocks today, from the cash raised in recent TIPs sales. I've raised my US allocation to 27.5% and will take it to 30% on a dip this fall.
Word of the Day
"Invidious" - adjective [$10]
Invidious means (of an action, conduct, attitude) likely to excite resentment or indignation against a person responsible, esp. by real or seeming injustice.
Sentence: Invidious corporate pay practices for the executive suite, soon to be brightly exposed by mandated comparisons to pay levels for the common worker, are likely to create a new potent issue for the coming election cycle.
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9 comments:
Krypto stock pickin kinda a waste of time...some sector rotation but the puters have things moving in lock step for the most part...that could change, but fundamental based stock pickin been akin to nosepickin....nonono Krypto, no needed to share your dog boner with me, just tell Mrs B the frostman said she's the best.
very true, frosty.
I've seen enough signs & portents - bot much US stocks to raise US allocation to 27.5% from 25%.
Will go to 30% on dip this fall.
Gotta position for my year end helmet pick.
really ponce ....waste of time ???
CALL IDSA FN IDT CRUS........all we nailed ...........nosepickin ???
what a moron
man.................ponce i told you to give me your 'private email'
took out 12plus on the ES U0 today
euro panic over ????
lmaooooooooooooooooooooooooooooooo
Bman stop with the stupidity of letting Krypto pick stocks................dogs know how to lick their balls and fetch a stick...........that's it
Krypto mostly does asset allocation - she's crushing most beefers this year.
for low pay, too
:)
"fundamental based stock pickin been akin to nosepickin"..."puters have things moving in lock step for the most part"...Bunky do you speak paki...please translate for Sal...also explain the series of up/down 90% days, stock pickin ppffttt...thx in advance.
really ponce ....waste of time ???
CALL IDSA FN IDT CRUS........all we nailed ...........nosepickin ???
what a moron
retro MFr
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