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#1
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Are any of you guys looking at environmental stocks? Presumably, a lot of money is going to be available for solar, wind, geothermal, algae and other alternatives. Of course a lot will depend on oil prices.
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
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#2
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Alt-eneregy has been eaten up and spit out along with just about every other stock in this market. Back when I speculated that we had bottomed out in November I was more optimistic on the alt-energy front. I think the sector (broadly speaking) will benefit from this administration, but it's a sector that generally has a lot of small cap companies that have been completely decimated by market conditions. I read a recent article at MarketWatch about $300/barrel oil. Now in fairness, I was a HARSH critic of said article, but I think oil is definitely set for a long-term rise, if only tied to inflation here in the US. On a long play, I actually like some of the oil bastards...I think they've begun to see the "writing on the wall," and are now invested in trying to further their interests beyond peak oil. The one thing about oil companies is that they pay dividends (not necessarily phenomenal ones), but for a long-call, I MUCH prefer that exposure to something like USO, or some other futures-based ETF. For short-term trading, stick with derivative ETF's and profit. But those ETF's never pay out divies, so stay away for the long.
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#3
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I bought 1K of Citi. Monday at $1.25, so far so good.
Profit taking is likely soon.
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#4
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I gotta say I am very happy with my volatile investments. Put my $$$ in various banking stocks, and up anywhere from 50%-100% on my portfolio. Got Citi at $1. Granted I made some mistakes too, but overall I'm up! Get some of the banking stocks. I think Citi is a good buy (hopefully not a goodbye). But neah, I think it will be around. Just my 2 cents. Now I wish I invested more than chump change. Nothing that will let me retire, but...could have, should have, but I didn't.
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#5
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Over time, this is still a buying opportunity. Traditional winners are on FireSale and over time, they will have to
perform. Now, if that is a year out or ten, I cannot say. But, it is time to buy. If I pick enough winners, the day job is gone and it is fantasy life style time!!! -mS |
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