OT: Time to jump back into the stock market…

[Coronita]

[quote=outtamojo]Local company Sequenom seems to be getting traction
for its Down’s Syndrom test http://www.reuters.com/article/2012/05/09/sequenom-idUSL4E8G98Q920120509?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=43%5B/quote%5D

imho too unpredictable to play….
Need something that’s predictable that moves up and down in more or less a consistent way…Something boring.

Waiting for Nasdaq to turn positive after dumping this morning.

[an]

-0.12% at 2:11PM EDT 😀

[outtamojo]

[quote=flu][quote=outtamojo]Local company Sequenom seems to be getting traction
for its Down’s Syndrom test http://www.reuters.com/article/2012/05/09/sequenom-idUSL4E8G98Q920120509?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=43%5B/quote%5D

imho too unpredictable to play….
Need something that’s predictable that moves up and down in more or less a consistent way…Something boring.

Waiting for Nasdaq to turn positive after dumping this morning.[/quote]

You sound like an advertisment for Channelingstocks.com

Channeling Stocks – New

[Coronita]

[quote=outtamojo][quote=flu][quote=outtamojo]Local company Sequenom seems to be getting traction
for its Down’s Syndrom test http://www.reuters.com/article/2012/05/09/sequenom-idUSL4E8G98Q920120509?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=43%5B/quote%5D

imho too unpredictable to play….
Need something that’s predictable that moves up and down in more or less a consistent way…Something boring.

Waiting for Nasdaq to turn positive after dumping this morning.[/quote]

You sound like an advertisment for Channelingstocks.com

http://www.channelingstocks.com/%5B/quote%5D

Lol.. No, i’m just bored in between software builds that take 1.5-2 hrs each time….So I find it just kinda fun to kill some time…Better than sitting on this message board all day posting…. One screen, I have my ticker/chart going, and the other screen I have my android build going….It’s gonna be like this for me for the next few months.

Besides, no one paid me for piggington weekly….

[Coronita]

I guess today is what folks would call a dead cat bounce

Kinda entertaining that europe appears to be on fire, and we’re seeing green….

I’m out this morning of
ARMH at $24.60
QCOM at $42.70
VLO at $22.90
BP at $40.

Might have to take a loss on BRCM if it doesn’t turn around today…

Waiting a little longer for PM…

[outtamojo]

Silicon wafer maker WFR down to 2.80, was about 80 bucks a few years ago, imo starting to look interesting Chinese competition notwithstanding.

[Coronita]

[quote=outtamojo]Silicon wafer maker WFR down to 2.80, was about 80 bucks a few years ago, imo starting to look interesting Chinese competition notwithstanding.[/quote]

Tech is ridiculous sometimes…I can’t predict whether today’s winners are going to live next year and vice versus. And that was my mistake back in the .com days..

I mean, really when Microsoft had a 1/2 trillion market cap and Apple was on the verge of extinction, could anyone REALLY predict that fast forward to 2012, that the roles would be reversed?

When AMD was on fire and kicking Intel’s butt, who would have predicted that they would have made a fatal mistake and purchased ATI and other companies, diluted whatever edge they had, and Intel would have made a comeback….

And who really would have predicted Motorola would have been taken down, Android/iOS would have creamed RIMM, and Nokia would have ditched Symbian for Windoze Mobile….

In my observation, boring crap like oil and gas and cigarettes and booze are much more predictable. I really wish during the .com days rather then putting money into tech trying to figure out who would be the winners, I would have put the same amount of money in something like Chevron/PG/Phillip Morris, etc.

First off, the dividends these companies pay are pretty good to begin with..Most tech stocks don’t pay dividends…Then, we got the favorable tax treatments on dividend incomes from Bush/Obama days…And third, a lot of this stuff has since then appreciated because raw materials/goods etc can rise with inflation…Tech on the other hand gets cheaper and cheaper (even in today’s dollars)…

The problem is that a lot of these companies are too damn expensive now…..

[Author]

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