MARKETS,Anybody even yet?

[olds442jetaway]

Interesting! I’ve been burned more than once when companies have cooked the books.

[dinghy]

I’ve been burned more than once when companies have cooked the books.

You can make money in old guard companies if they're sufficiently cheap. Everyone disrespected T, which has been a big winner the last year. (I sold too early .)

As for IBM with a 20% pullback for no apparent reason, I can certainly see your logic for sniffing around.

[olds442jetaway]

Bought some IBM, but sold 1/2 my Royal Gold and 1/2 AWF. Afraid market may get slammed at least in the short run. Wanted to lock in the gains just in case. I have owned AWF since 1995 so long since free because of the dividends, but only a small gain on the share price. It mainly focuses on divs. Also has a high expense ratio over 1 percent.

[dinghy]

Bought some IBM, but sold 1/2 my Royal Gold and 1/2 AWF.

With my chemical stocks dead cat-bouncing, I've got slim pickings to buy. My only temptations today are frackers. I've got AR, EXE and RRC all very close to my next buy targets.