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racerz
10 Comments
Another Day Without Precedent
The chickens always come home to roost, regardless of the emergency summit going on. Yes, 700 billion here, 1 trillion in credit card debt there, hedge fund speculators getting smashed and deflation (which is way worse than inflation) will rear its ugliness to the market soon. I'm way heavy in cash now, and have been for six months sans some coal, metal, gas and gold stocks. (ACI, BTU, CHK, PPL, FCX. ABX).
Today's True Safe Haven Investments
Additionally, I agree with Anthony on his bullish metals plays (I won ABX and added as it dropped, too)
Don't Burn That Coal Just Yet
Racerz
What the Fed's Latest Decision Means for Investors
Put Volume Spikes While Commodity Stocks Falter
We'll be repaid when things like earnings per share, PE's, guidance and common sense reurn to the commodities. I will not sell, and added positions in FCX, ABX and BTU today when they went south later in th session.
Chesapeake Energy Pre-Call Notes: Another Quarter, Another Beat
Peabody Energy: Stellar Results, If Anyone Cares
Soup Target; Cramer's Mad Money (7/22/08)
On Jul 23 10:10 PM DaveinHacken sack wrote:
> When did Cramer recommend buying WM? He's had the whole board of
> that bank on his Wall of Shame.
Loss of Clarity on Chesapeake's Peak
I also like ACI, and have added to my energy heavy portfolio with this one,too, as I have with Freeport - FCX (yes, pricey but great stock) and ABX in the metals sector.
Thus, you all know what I think is coming--and again, let the prices fall and I'll keep buying. Gas, coal, gold -- we're going to be fine.
Peabody Energy: Stellar Results, If Anyone Cares