What's your position in stocks right now?

Quote from Sky123987:

how could almost no one belong stock here??? the same # is long stock now as when it was dow 14000. If you sell someone else has to buy :)
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I am long
STLD from 8.18--trading at book value with a 5.5% div yield.
FRO from 34.89-- trading at 5.77 X P/E with a 17.7% yield
TNH from 81.29-- trading at 5X P/E with a 17.32% yield
PBR from 32.03-- trading at 5x P/E with a 7% yield.
FCX at 42.01--trading at 3x P/E with a 3.78% yield (averaging in)
OXY at 52.54-- trading at 4.5X P/E with a 3 % yield ( averaging in)

Call me a fool, whatever you want, but one cant deny that there are some silly valuations out there and if one is willing to stomach the near term volatility it is time to buy some of these stocks. Just my .02
 
Quote from jsv416:

I am long

FRO from 34.89-- trading at 5.77 X P/E with a 17.7% yield
TNH from 81.29-- trading at 5X P/E with a 17.32% yield
PBR from 32.03-- trading at 5x P/E with a 7% yield.
FCX at 42.01--trading at 3x P/E with a 3.78% yield
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I think there is less than 10% chance that TNH and FRO keep that dividend.

Hope you crush it though!!!! :)
 
Quote from jsv416:

I am long
STLD from 8.18--trading at book value with a 5.5% div yield.
FRO from 34.89-- trading at 5.77 X P/E with a 17.7% yield
TNH from 81.29-- trading at 5X P/E with a 17.32% yield
PBR from 32.03-- trading at 5x P/E with a 7% yield.
FCX at 42.01--trading at 3x P/E with a 3.78% yield (averaging in)
OXY at 52.54-- trading at 4.5X P/E with a 3 % yield ( averaging in)

Call me a fool, whatever you want, but one cant deny that there are some silly valuations out there and if one is willing to stomach the near term volatility it is time to buy some of these stocks. Just my .02
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Look at the volume on STLD!!!
 
Long stocks and calls at this point. Ready to trade whatever the next big move is. Will cut losses if we break support and take some profits on any big moves to the upside.

There are some great longer term buys in this market that I took advantage of in the past week. I It takes a strong stomach to hold through some of these moves but I think it will be rewarded.

Everyone need to keep some powder ready to go to take advantage of trading opportunities though.
 
Quote from stock_trad3r:

Full vested. No need to go to cash when the dow will retest 14,000 next year.
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haven't you been saying that since dow 13,500 when it pulled back a little?
 
Quote from Sky123987:

haven't you been saying that since dow 13,500 when it pulled back a little?
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In 15 months when the dow is at 14,00 again will it have mattered? Longs like myself will always come out ahead.
 
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