"I DON'T WANT TO WORK, I JUST WANT TO BANG ON THE DRUM ALL DAY"

                                                     "THAT'S JUST MY OPINION" - VOL. - 57
"I DON'T WANT TO WORK, I JUST WANT TO BANG ON THE DRUM ALL DAY" by Todd Rundgren in 1983. Where did the DOW close in 1983? Answer on December 30th, 1983 the DOW closed at 1258.64. Where did the DOW close on Friday? Answer - 17,100.18!!!
NOW FOR MY RANT!!!
POLITICIANS IN WASHINGTON FOR YEARS HAVE BEATING THE DRUM TO THE AMERICAN PUBLIC - THAT TAKING THE MONEY THAT IS TAKEN OUT OF YOUR PAY CHECK FOR SOCIAL SECURITY AND PUTTING THAT MONEY INTO AN ACCOUNT UNDER YOUR NAME INTO EITHER A DOW FUND OR AN S&P FUND- WAS TOO RISKY!!! REALLY!!!
POLITICIANS WANT TO CONTROL YOUR LIFE, YOUR MONEY AND YOUR FUTURE!!!
THEY DO NOT CARE ABOUT YOU AND ME - THEY ONLY CARE ABOUT GETTING RE-ELECTED!!! THAT IS WHY WE AND I MEAN WE HAVE TO VOTE ALL OF THEM OUT OF OFFICE AND START OVER - IT CANNOT GET ANY WORSE!!!
THE UNITED STATES IMPORTS 10% TO 15% OF OUR CRUDE OIL WE USE ON A DAILY BASIS FROM COUNTRIES THAT WANT TO KILL AMERICANS!!! THE BILLIONS OF DOLLARS WE GIVE THESE COUNTRIES - A LOT OF THAT MONEY GOES TO TERRORISTS WHO WANT TO DESTROY AMERICAN!!! LET ME ASK YOU - DOES THAT MAKE ANY SENSE TO YOU? SO ASK YOURSELF THIS - WHY IS WASHINGTON DRAGGING IT'S HEALS ON THE KEYSTONE PIPELINE? IF THEY DO NOT GET THIS STARTED SOON - I WILL MAKE YOU A PREDICTION - CANADA WILL BUILD A PIPELINE TO THE WEST COAST - AND SEND THEIR OIL TO CHINA - STAY TUNED!!! AND WE AMERICANS WILL CONTINUE SENDING OUR DOLLARS TO COUNTRIES THAT SUPPORT KILLING US!!! UNBELIEVABLE!!!
NICE JOB WASHINGTON - CONCENTRATE ON YOUR RE-ELECTIONS AND NOT THE AMERICAN PEOPLE!!!
NOW - LET ME GET BACK TO THE SOCIAL SECURITY ISSUE - PLEASE BARE WITH ME HERE!!!
I READ WHERE A HYPOTHETICAL $10,000 INVESTMENT ON 12/30/1983 INTO A DOW OR S&P FUND - WOULD BE WORTH $295,407 TODAY!!! THAT IS WITHOUT DIVIDEND RE-INVESTMENT!!!!
STAY WITH ME NOW
I STARTED FULL TIME EMPLOYMENT IN 1969.
HAD I BEEN ABLE TO INVEST THE MONEY TAKEN OUT OF MY PAY CHECK FOR SOCIAL SECURITY INTO A DOW FUND OR AN S&P FUND - I WOULD HAVE OVER $800,000 IN MY ACCOUNT AND THAT IS WITHOUT DIVIDEND RE-INVESTMENT!!!
PLEASE STAY WITH ME HERE.
1969 TO 2014 IS 45 YEARS.
NOW ASSUMING THAT USING DIVIDEND RE-INVESTMENT - EVERY 8 YEARS MY TOTAL STOCK SHARES WOULD DOUBLE - IN THAT AMOUNT OF TIME - MY SHARES WOULD HAVE DOUBLE 5.625 TIMES - MY ACCOUNT WOULD BE WORTH $1,661,664.38!!!!! TODAY.
IF YOU DID NOT UNDERSTAND THE MATH THE FIRST TIME AROUND - PLEASE GO OVER IT AGAIN - UNTIL YOU DO!!!
THE NEXT TIME YOU HERE A POLITICIAN TELL YOU IT IS TOO RISKY TO USE YOUR SOCIAL SECURITY MONEY YOU PAY EVERY PAY CHECK INTO A DOW FUND OR AN S&P FUND - VOTE THEM OUT OF OFFICE!!!!
ENOUGH OF MY RANT.
LET'S LOOK AT THIS WEEKS ACTION.
FOR THE WEEK
THE DOW - HI - 17,151.56
                 LOW - 16,950.93
               CLOSE - 17,100.18 OR UP 156.37 OR UP 0.92%
LET'S LOOK AT MY WIFE'S, MY SON'S AND OTHERS WEEKLY ACCOUNT PERFORMANCE.
DIS - CLOSED @ $ 85.81 OR DOWN $ 1.08 OR DOWN 1.24% FOR THE WEEK.
IN THE PAST - WHEN DIS WAS TRADING AT THIS PRICE OR A LITTLE HIGHER - THEY DECLARED A STOCK SPLIT - I'M FORESEE A 2 FOR 1 STOCK SPLIT - IN THE NEAR FUTURE!!! STAY TUNED.
AIG - CLOSED @ $ 55.20 OR UP 0.68 CENTS OR UP 1.25% FOR THE WEEK.
REMEMBER THIS STOCK IS STILL TRADING AT A 20% DISCOUNT TO BOOK VALUE!!!
MU - CLOSED @ $ 33.15 OR UP .35 CENTS OR UP 1.07% FOR THE WEEK.
THIS STOCK IS GOING TO AT LEAST $ 40 A SHARE BY THE END OF THE YEAR!!!
JCI - CLOSED @ $ 49.16 OR DOWN $ 1.57 OR DOWN 3.09% FOR THE WEEK.
JCI REPORTED EARNINGS THAT BEAT THE STREET - HOWEVER - IT IS NOT UNCOMMON FOR A STOCK TO RUN UP BEFORE EARNINGS - ONLY TO DROP OFF AFTER THEY REPORT EARNINGS - WHAT I LIKE IS THAT THE CEO SAID THAT THE COMPANY IS GAINING MARKET SHARE AND ALSO INCREASING PROFIT MARGINS - AND RAISED FORWARD GUIDANCE - WHATS NOT TO LIKE!!! - THIS STOCK WILL REACH $ 60 A SHARE BY YEAR END!!!
RIG - CLOSED @ $ 42.82 OR DOWN 0.07 CENTS OR DOWN 0.16% FOR THE WEEK.
THIS IS THE ONLY STOCK WE ARE LOSING MONEY ON - HOWEVER THIS IS A 5 YEAR HOLD - GREAT YIELD - WITH WHAT IS GOING ON IN THE MIDDLE EAST - SOONER OR LATER THIS STOCK SHOULD ACHIEVE A $ 65 STOCK PRICE - JUST BE PATIENT - BESIDES IF THIS STOCK GETS TOO CHEEP - IT COULD BE A TAKE OVER TARGET - STAY TUNED!!!
CHK - CLOSED @ $ 27.00 OR DOWN $1.09 OR DOWN 3.89% FOR THE WEEK.
BY THE END OF THE YEAR - I BELIEVE THIS STOCK COULD BE A $ 45 STOCK!!!
FDML - CLOSED @ $ 20.17 OR UP 0.16 CENTS OR UP 0.80 % FOR THE WEEK.
I BELIEVE THIS IS A $ 25 STOCK BY YEAR END!!!
NKE - CLOSED @ $ 77.52 OR UP 0.23 CENTS OR UP 0.30% FOR THE WEEK
WHEN THEY REPORT EARNINGS IN AUGUST - THEY WILL BLOW AWAY STREET EXPECTATIONS - LOOK FOR THIS STOCK TO GO TO $ 100 A SHARE BY YEAR END - THEN LOOK FOR A 2 FOR 1 STOCK SPLIT!!!
GE - CLOSED @ $ 26.46 OR DOWN 0.09 CENTS OR DOWN 0.34% FOR THE WEEK.
THERE HAS BEEN SOME INSIDER TRADING ON THE BUY SIDE IN THIS STOCK RECENTLY.
AS SOON AS JEFFREY IMMELT STEPS DOWN AS CEO - THIS STOCK WILL EXPLODE TO THE UPSIDE!!! WHEN HE TOOK OVER AS CEO IN 2000 - 13 YEARS AGO - GE WAS TRADING @ $ 60.75 - HE HAS BEEN A HUGH DISAPPOINTMENT AS CEO!!!
IT REMINDS ME OF WHEN STEVE BALMER STEPPED DOWN FROM MICROSOFT AND SATYA NADELLA TOOK OVER - MSFT WAS TRADING @  AROUND $30 A SHARE - IT IS NOW TRADING @ Around $ 44 A SHARE!!!! THE SAME WILL HAPPEN TO GE - STAY TUNED!!!
NOW EVEN WITH ALL THE NEWS OUTSIDE THE UNITED STATES - THE MARKET CONTINUES IT'S UPWARD MOMENTUM! WHY? EARNINGS - EARNINGS - EARNINGS - SO FAR SO GOOD!!!
NOW FOR THE STOCK I TOLD YOU ABOUT IN MY LAST BLOG.
OPK - OPKO HEALTH INC. - THERE IS AN INSIDE BUYER ALMOST EVERY DAY - LOOK FOR THIS STOCK TO ANNOUNCE A HUGH DISCOVERY - OR GET TAKEN OVER ON A BUY OUT!!!
I BOUGHT THIS STOCK @ $ 8.62.
ANOTHER STOCK THAT I STARTED TO BUY WAS QEP - IT'S AN OIL AND GAS PIPELINE COMPANY - LEE COOPERMAN RECENTLY BOUGHT THIS STOCK. I BOUGHT IT @ $ 33.95.
AS FAR AS LAST WEEK'S ANNOUNCEMENT THAT I SOLD SD, WHICH IS OWNED BY LEE COOPERMAN - I SAW A HUGH SPIKE IN VOLUME ON A DOWN DAY FOR SD - I ASSUMED IT MAYBE UT WAS LEE COOPERMAN - HOWEVER, HE SAID ON THURSDAY THAT HE STILL OWNED THE STOCK - HE HAD SO MANY SHARES - THAT I BELIEVE HE MAY HAVE SOLD OUT PART OF HIS POSITION AND WITH THE PROCEEDS - HE STARTED BUYING QEP - WE SHALL SEE!!!

THANK YOU FOR YOUR PRAYERS!!!
THANK YOU;
LEN DWELLE
lendwelle@hotmail.com