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Open Thread: What Are You Buying/Selling/Pondering
Lots to think about in these kinds of threads, looking to buy now and in the beginning of 2015. FSENX (large CAP energy stocks) is in a prime position to buy MLP's and small drillers that are heavily debt laden, have land and can be bought on the cheap. There has to be blood before this is over. Also, FNCMX is the only index not to hit new heights. Yet, I was going to go Russel 2000, but John Chisum made a remark concerning Russell 1000.....that got me thinking. So far, this is the 2015 agenda.
Frankly, I admit this is not the worst problem to have.
I guess, you might say I am watching things closely and will tweak as I feel warranted.
Here's an article from Seeking Alpha that might be of interest:
Thanks for posting that link, very interesting, I battle with when to sell too. Right now have a couple of small holdings which are approaching a double and im watching very carefully. Earlier in year sold gilead when I hit 75% profit, sold, then watched it rise another 30%. Because I have health care funds, I have exposure to it, so no biggie. My stock portfolio is much smaller than my fund holdings, which I don, t tend to sell too often, just tweak a bit. But I still vacillate on those stocks now and then.Trust me, not all of my stocks are winnerswhere I have to decide when to sell, have some stocks that have lost too. But so far, winners seem to be outweighing the losers. LOVE YOUR POSTS! Always informative.
putting spec money into ACHN, also COG and REXX (very depressed, oversold)
Back into APA.
May do more or less, depending on trend.
OXY. HES. Yes even, XOM.
But the whole sector continues to head south.
P.s. bought a little APA today. Bought some AMAG last week.
No change of heart. I've watched the stock drop what 40% in last three months...? So, got back in couple days ago...but set an additional 6% stop. And, it hit it!
I've actually been looking for chance to get into OXY for a while, cause of stewardship, dividends...I don't believe it cut its dividend even through the 2008 melt down. When it pulled back today, even more than APA, I got in and then rolled over APA. Believe OXY will offer a bit more downside protection while "knives are still falling."
But honestly, I like them all...HES, APA are both great turn-around and activist plays, perhaps even take-over candidates...XOM, well, it's XOM...Buffett likes it .
And all could rocket higher when sentiment turns...and eventually will.
Wishing us both luck.
As for OXY, doesn't that have a spin-off coming soon? (Nevermind that already happened lol.)
So that is why cash has recently gone for plus twenty percent to about sixteen percent for EVBAX. I am still with this fund as I believe that it's manager, Kathleen Gaffney, has been recently buying plus, no doubt, there have been some redemptions. According to a recent Morningstar's Instant Xray analysis its current asset allocation is about 16% cash, 19% stocks, 42% bonds and 23% other.
I plan to stick around because I feel through a full market cycle this will be a good performing diversified income fund as Ms. Gaffney was trained by the legendary Mr. Dan Fuss and it has the flexibility to roam within a broad spectrum in pursuit of opportunity.