Friday, March 21, 2014

"UNBELIEVABLE"

                                                  "THAT'S JUST MY OPINION" - VOL - 40
"UNBELIEVABLE" - recorded in 1990!
Where did the DOW close on December 31st, 1990?  Answer 2633.66!!!!!
The DOW closed today at 16,302.77!!!!!!!!
Anyone that is 45 or younger - please scroll down to VOL. - 20. IT IS IMPORTANT FOR YOUR FINANCIAL FUTURE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Look do not get me wrong - nothing and I mean nothing goes straight up!!!!!!!!!!
You have to think long term!!! Like Warren Buffett, Lee Cooperman -ect. -BILLIONAIRES THAT KNOW WHAT THEY ARE DOING!!!! THEY DID NOT MAKE BILLIONS BY DAY TRADING - THEY LOOK LONG TERM - REPEAT LONG TERM!!!!!!!!!!!!!
I started with "UNBELIEVABLE" for a reason!!!! Have any of you noticed that every Friday the market approaches new highs - early in the trading day - only to the market fall off it's highs!!!!!
I'm beginning to understand why the AMERICAN PUBLIC IS NOT INVOLVED IN THE US STOCK MARKET!!!
THE MARKET HAS TOO MANY DAY TRADERS - HIGH FREQUENCY TRADERS - IDIOTS BUYING STOCK ON MARGIN - FOR THE REGULAR GUY TO HAVE FAITH IN THE MARKET!!!
PEOPLE - PLEASE DO NOT FRET ON THE DAY TO DAY ACTION - THINK LONG TERM!!!!
THIS IS NOT A SPRINT - IT IS A MARATHON!!!
MY RULES FOR BEING SUCCESSFUL IN THIS MARKET!!!!!
1) NEVER BUY STOCKS ON MARGIN!!!!!
2) NEVER PUT MORE THAN 2% OF YOUR PORTFOLIO IN SPECULATIVE STOCKS!!!!
3) WHAT WHAT THE BILLIONAIRES ARE BUYING - FOLLOW THE $$$$$$$!!!!!!!
4) BE DIVERSIFIED - NEVER _ NEVER PUT ALL YOUR EGGS IN ONE BASKET!!!!
5) HAVE AT LEAST A FIVE YEAR HORIZON!!!!
6) NEVER THINK SHORT TERM!!!!
OK - NOW FOR MY RANT!!!!
ANYONE COMPLAINING  ABOUT THE US PRICE OF GASOLINE - THINK ABOUT THIS YOU COMPLAINERS -
US - AVERAGE PRICE PER GALLON IS AROUND $3.42
THE UNITED KINGDOM PER GALLON IS AROUND $7.75
GERMANY PER GALLON IS AROUND $8.01
AS FAR AS THE EUROPEAN UNION DOING ANYTHING ABOUT THE RUSSIAN TAKEOVER
OF CRIMEA - FORGET IT - THEY GET MOST OF THEIR NATURAL GAS SUPPLY FROM RUSSIA - SO THEY WILL DO NOTHING!!!!!!
HERE'S SOMETHING US AMERICANS MAY WANT TO KEEP AN EYE ON IN THE FUTURE!!!!
IN 2013, CHINA PASSED INDIA AS THE GLOBE'S LEADING GOLD CONSUMER!!!!
WHY? - THINK ABOUT IT - EVENTUALLY THE CHINESE CURRENCY WILL BE BACK BY GOLD!!!!
NO OTHER COUNTRY HAS IT'S CURRENCY BACKED BY ANYTHING!!!!
SOMETHING TO KEEP AN EYE ON!!!!!!
NOT NOW - BUT !) YEARS FROM NOW!!
MAYBE THAT'S WHY GOLD HAS NOT GONE DOWN????
FOR THE WEEK
THE DOW CLOSED @ 16,302.77 - UP 237.10 OR UP 1.48%
THE HIGH FOR THE WEEK WAS 16,456.45
REMEMBER WE NEED TWO CLOSES OVER 16,460.33
THEN WE ARE OFF TO THE RACES!!!
DIS CLOSED @ $ 80.35 or up 0.28 cents or up 0.36%
NKE CLOSED @ $75.21 or down $3.11 or down 3.97%
"UNBELIEVABLE" - THERE EARNINGS WE'RE GREAT!
AND YET EVERYONE IS POUNDING ON THIS STOCK!
I'LL QUOTE JOHN MAcENROE " YOU CAN'T BE SERIOUS"
THIS STOCK IS A STEAL!!!!
AIG CLOSED @  $50.02 or up $1.43 or up 2.94%
This stock is worth between $64 to $66 a share!!!
WHAT A STEAL!!!!
RIG CLOSED @ $ 40.40 or up $1.56 or up 4.02%
Their dividend is coming soon! - with a yield over 5.60%
You need to own this stock - by the end of the year - I believe this stock will trade over $60 a share!!!
CHK CLOSED @ $ 24.67 or down 0.36 cents or down 1.44%
This stock is going to spin off one of it's parts.
When they do - in 14 months both parts will equal a double!
SD CLOSED @ $ 6.45 or up .11 cents or up 1.74%
Lee Cooperman believes this is an $8 stock!!
He's the best billionaire stock investor on the planet!!!!!!
MU CLOSED @ $ 23.66 or down .33 cents or down 1.25%
I believe this stock in 14 months will be trading at $28 or higher!!
JCI CLOSED @ $ 47.01 or up $1.20 or up 2.62%
When this stock spins off some of it's parts - this stock will sky-rocket!
FDML CLOSED @ $ 17.32 or down 0.32 cents or down 1.93%
Again a steal!!!
SO WHY IS THE DOW NOT MAKING NEW HIGHS- WHEN THE S&P'S CONTINUE TO DO SO?
THE DOW IS WEIGHTED !!!!!!
IBM down $1.23 - 7.35% of the DOW
BA down - 5.06% of the DOW
NKE down 5.12% and is 3.04% of the DOW
THAT'S WHY!!!!
                                                    "THAT'S JUST MY OPINION"
HANG IN THERE LONG TERM TRADERS!!!
Thank You;
Len Dwelle
lendwelle@hotmail.com

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