I don't know of a proper Dow study. The S&P routinely changes components too and the Russell just rebalanced but with the Dow just having 30 components, you really can't just go pretending it doesn't matter when you trade 2 in, especially with their whacked out weighting system - that in itself could have used an extensive study to figure out what the hell they did.
I would understand the lack of action by the government if the situation was insoluble, but it isn't. It just takes firm action and some vision. Unfortunately, those are things we are very short of in our government.
The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
You can check my main blog and go through the past year's picks. In an average week we make about 40% and I can only think of two or three really bad weeks all year.
There's a weekly wrap-up every Friday so it's easy to find the summaries if you want to check.
As to timing, our CHK play looks good at the moment if you want to try one!
The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
You need to view RSTO as a start-up.
They will hit their stride next year and p/e should be low 20s with good growth.
Nonetheless, we got out of it on that jump as 17% is way too much money to make in one day. Perhaps either catch it on the next dip or move on...
Hopefuly you caught our flip into HD before the hurricane. We also called TIF based on the Consolation Theory but we exited that one already up 70% ahead of earnings (there's a difference between having a theory and taking too many chances with your profits!).
WSM is a mid-term play as the theory suggests that their awful forecast underestimates the market. However, WSM is dilluted by Pottery Barn - those consumers are really in trouble!
The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
Our first Consolation Prize selection, RSTO, just knocked the cover off the ball, up 17% overnight on "improved margins and demand" coming in with a 1 cent profit against a .05 expected LOSS!!!
We have our second selection, TIF coming on Thursday and WSM is still in play (although not a pure play as it is so dilluted with the pottery barn segment).
Holy Cow Thursday: Give Us a Break! [View article]
www.zerohedge.com/site...
Holy Cow Thursday: Give Us a Break! [View article]
www.philstockworld.com.../
Back to cashy and cautious once this rally peters out.
Options Trader: Tuesday Outlook [View article]
SC Boeing: www.bloomberg.com/apps...
I would understand the lack of action by the government if the situation was insoluble, but it isn't. It just takes firm action and some vision. Unfortunately, those are things we are very short of in our government.
The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
There's a weekly wrap-up every Friday so it's easy to find the summaries if you want to check.
As to timing, our CHK play looks good at the moment if you want to try one!
The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
We took the Jan $35s for a buck and got out on the spike yesterday as I didn't trust it into earnings.
I hardly ever play straight stocks but TINY went well as did RSTO but if you follow our picks you will be bored with 20% gains too!
The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
They will hit their stride next year and p/e should be low 20s with good growth.
Nonetheless, we got out of it on that jump as 17% is way too much money to make in one day. Perhaps either catch it on the next dip or move on...
Hopefuly you caught our flip into HD before the hurricane. We also called TIF based on the Consolation Theory but we exited that one already up 70% ahead of earnings (there's a difference between having a theory and taking too many chances with your profits!).
WSM is a mid-term play as the theory suggests that their awful forecast underestimates the market. However, WSM is dilluted by Pottery Barn - those consumers are really in trouble!
The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
We have our second selection, TIF coming on Thursday and WSM is still in play (although not a pure play as it is so dilluted with the pottery barn segment).
The Consolation Prize Theory: Why Home Depot Should Profit From the Housing Slowdown [View article]
Today we went with RSTO and are still looking for other plays.
I am on the sidelines re. housing in general. This is a pure play for the spending power of the nation's 20 million millionaires.