MARKETS,Anybody even yet?
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				olds442jetaway
 - Video Poker Master
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 - Joined: Tue Aug 21, 2007 9:08 pm
 
Re: MARKETS,Anybody even yet?
Bax was a good trading vehicle over the last 2 years in 5-10 point swings. Not sure what’s going on with it now, but it doesn’t look good.  I did the same trading with PRU.  Chart looking bad on that too now.  Just curious, is anyone up more than a couple of points overall YTD?  Not even sure what my next game plan will be at this point. Even hit and run can be risky with the incorrect timing. Guess I will mostly stay with cash and divs and a sprinkling of hit and run trades. Cash still gets me 4 percent for now. Unfortunately all taxable both Fed and state.
I may even have to jump back in on FHIGX. 3 percent Fed Tax Free. Probably not worth the risk. Fidelity yield after paying the 22 percent Fed tax is still 3.12.
			
			
									
									
						I may even have to jump back in on FHIGX. 3 percent Fed Tax Free. Probably not worth the risk. Fidelity yield after paying the 22 percent Fed tax is still 3.12.
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				dinghy
 - Video Poker Master
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The div cut was my motivation for plunging into DOW. Some investors are very dividend-focused, and some institutions have dividend mandates. A cut can trigger a stampede, which may trigger bargain pricing imo.
I follow the gold miners closely. Many of them are luxuriating in cash flow, and in general they're opting more for buybacks than dividends. In a cyclical industry, it's hard to maintain a steadily upward dividend trajectory -- and therefore it may be better not to try.
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				dinghy
 - Video Poker Master
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 - Joined: Mon Apr 29, 2019 8:24 am
 
My confetti is + double-digit %. Too many complications to calculate it exactly. Among larger holdings, my only pathetic losers ytd are BAK (Braskem) and MSOS. Everything else is robusto.olds442jetaway wrote: ↑Sat Aug 02, 2025 11:44 amJust curious, is anyone up more than a couple of points overall YTD?
I haven't extracted my first penny. Initiated 2.5 years ago at 44, and I've done nothing but accumulate into the downtrend.Bax was a good trading vehicle over the last 2 years in 5-10 point swings.
It's 63 cents off the low

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				olds442jetaway
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 - Joined: Tue Aug 21, 2007 9:08 pm
 
Good job. Need to focus more on short term trading. Always been my strongest suit. I just let it lapse till a couple of months ago.
			
			
									
									
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				olds442jetaway
 - Video Poker Master
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 - Joined: Tue Aug 21, 2007 9:08 pm
 
Look out below tomorrow!!  Just a hunch. No hints why. The usual uncertainty.
			
			
									
									
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				dinghy
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 - Joined: Mon Apr 29, 2019 8:24 am
 
Really? No reason whatsoever. Why not just throw darts blindfolded?olds442jetaway wrote: ↑Sun Aug 03, 2025 5:10 pmLook out below tomorrow!! Just a hunch. No hints why.
Not a lot of "below" this morning actually, but I am stacking the chemicals. New positions in HUN and LYB, and continuing to stack DOW.
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				olds442jetaway
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Guess so far I was only accurate as to Berkshire! 
. No buybacks again. Huge write down on Kraft Heinz. 
			
			
									
									
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				dinghy
 - Video Poker Master
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 - Joined: Mon Apr 29, 2019 8:24 am
 
I stand correctedolds442jetaway wrote: ↑Mon Aug 04, 2025 8:49 amGuess so far I was only accurate as to Berkshire!. No buybacks again. Huge write down on Kraft Heinz.
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Berkshire has never been much on my radar, but this seems very historically abnormal. I don't want to own Berkshire itself, but I think their philosophy is generally sound. I'm looking at KHC for purchase, but it just traded below 26 last month so I'd like to see it a little lower from here.
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				dinghy
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mor RRC Range Resources
			
			
									
									
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				FAA
 - Video Poker Master
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 - Joined: Wed May 28, 2014 11:58 am
 
Markets +1.35-1.95%! AC, here I come.
			
			
									
									
						


                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        





                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        
                        

                          
                          
                          
                          













