Time to rebuy S&P500?

[jimg111]

Do not go anywhere near REITs as they are imploding as we speak. If you want some data just go to zerohedge.com and he has done extensive research on REITS. Vacancies increasing at alarming rates and their loans reset next year and the year after. It will be quite bloody for the next couple years for REITs.

I agree the market has risen too fast to support the fundamentals and we could see a major correction as soon as late July or early August.

Just my opinion.

[temeculaguy]

[quote=FormerSanDiegan]
What did people say on this board back in March ?

I’m pretty sure there were few suggesting to buy stocks.

[/quote]

There weren’t that many, I floated a plan on March 5th, got more voting against it than for it. There are a couple of stock minded folks here but not many, we are mostly dart throwers (with a couple of exceptions, chris, stan, etc.). Here’s the March 5th plan in all it’s glory, read who’s predictions were right and who predicted we’d be eating spam by now.

http://piggington.com/dow_to_4000#comment-110240

and a little update how much money I’d have today if I hadn’t listened to the advice of bloggers and expert authors.

HOG 8.33 to 16.79 1k= 2,015
GE 7.06 to 11.76 1k= 1,665
F 1.70 to 5.78 1k= 3,400
HOV .58 to 2.45 1k= 4,224
COST 38.98 to 46.20 1k= 1,185
MO 15.72 to 16.50 1k= 1,049

6k invested March 6th would be worth over 13k today, I could have recouped my initial investment and just played with house money from here on out. Will there be another pullback, I hope so, but I fear Eugene has a point, I may have missed the best buying opportunity in recent times.

My advice, do your own research, trust your gut, turn off your targeting computer and use the force Luke.

It’s a damn good thing these same bloggers saved me 300k on my house or I’d be really pissed.

[temeculaguy]

[quote=FormerSanDiegan]
What did people say on this board back in March ?

I’m pretty sure there were few suggesting to buy stocks.

[/quote]

There weren’t that many, I floated a plan on March 5th, got more voting against it than for it. There are a couple of stock minded folks here but not many, we are mostly dart throwers (with a couple of exceptions, chris, stan, etc.). Here’s the March 5th plan in all it’s glory, read who’s predictions were right and who predicted we’d be eating spam by now.

http://piggington.com/dow_to_4000#comment-110240

and a little update how much money I’d have today if I hadn’t listened to the advice of bloggers and expert authors.

HOG 8.33 to 16.79 1k= 2,015
GE 7.06 to 11.76 1k= 1,665
F 1.70 to 5.78 1k= 3,400
HOV .58 to 2.45 1k= 4,224
COST 38.98 to 46.20 1k= 1,185
MO 15.72 to 16.50 1k= 1,049

6k invested March 6th would be worth over 13k today, I could have recouped my initial investment and just played with house money from here on out. Will there be another pullback, I hope so, but I fear Eugene has a point, I may have missed the best buying opportunity in recent times.

My advice, do your own research, trust your gut, turn off your targeting computer and use the force Luke.

It’s a damn good thing these same bloggers saved me 300k on my house or I’d be really pissed.

[temeculaguy]

[quote=FormerSanDiegan]
What did people say on this board back in March ?

I’m pretty sure there were few suggesting to buy stocks.

[/quote]

There weren’t that many, I floated a plan on March 5th, got more voting against it than for it. There are a couple of stock minded folks here but not many, we are mostly dart throwers (with a couple of exceptions, chris, stan, etc.). Here’s the March 5th plan in all it’s glory, read who’s predictions were right and who predicted we’d be eating spam by now.

http://piggington.com/dow_to_4000#comment-110240

and a little update how much money I’d have today if I hadn’t listened to the advice of bloggers and expert authors.

HOG 8.33 to 16.79 1k= 2,015
GE 7.06 to 11.76 1k= 1,665
F 1.70 to 5.78 1k= 3,400
HOV .58 to 2.45 1k= 4,224
COST 38.98 to 46.20 1k= 1,185
MO 15.72 to 16.50 1k= 1,049

6k invested March 6th would be worth over 13k today, I could have recouped my initial investment and just played with house money from here on out. Will there be another pullback, I hope so, but I fear Eugene has a point, I may have missed the best buying opportunity in recent times.

My advice, do your own research, trust your gut, turn off your targeting computer and use the force Luke.

It’s a damn good thing these same bloggers saved me 300k on my house or I’d be really pissed.

[temeculaguy]

[quote=FormerSanDiegan]
What did people say on this board back in March ?

I’m pretty sure there were few suggesting to buy stocks.

[/quote]

There weren’t that many, I floated a plan on March 5th, got more voting against it than for it. There are a couple of stock minded folks here but not many, we are mostly dart throwers (with a couple of exceptions, chris, stan, etc.). Here’s the March 5th plan in all it’s glory, read who’s predictions were right and who predicted we’d be eating spam by now.

http://piggington.com/dow_to_4000#comment-110240

and a little update how much money I’d have today if I hadn’t listened to the advice of bloggers and expert authors.

HOG 8.33 to 16.79 1k= 2,015
GE 7.06 to 11.76 1k= 1,665
F 1.70 to 5.78 1k= 3,400
HOV .58 to 2.45 1k= 4,224
COST 38.98 to 46.20 1k= 1,185
MO 15.72 to 16.50 1k= 1,049

6k invested March 6th would be worth over 13k today, I could have recouped my initial investment and just played with house money from here on out. Will there be another pullback, I hope so, but I fear Eugene has a point, I may have missed the best buying opportunity in recent times.

My advice, do your own research, trust your gut, turn off your targeting computer and use the force Luke.

It’s a damn good thing these same bloggers saved me 300k on my house or I’d be really pissed.

[temeculaguy]

[quote=FormerSanDiegan]
What did people say on this board back in March ?

I’m pretty sure there were few suggesting to buy stocks.

[/quote]

There weren’t that many, I floated a plan on March 5th, got more voting against it than for it. There are a couple of stock minded folks here but not many, we are mostly dart throwers (with a couple of exceptions, chris, stan, etc.). Here’s the March 5th plan in all it’s glory, read who’s predictions were right and who predicted we’d be eating spam by now.

http://piggington.com/dow_to_4000#comment-110240

and a little update how much money I’d have today if I hadn’t listened to the advice of bloggers and expert authors.

HOG 8.33 to 16.79 1k= 2,015
GE 7.06 to 11.76 1k= 1,665
F 1.70 to 5.78 1k= 3,400
HOV .58 to 2.45 1k= 4,224
COST 38.98 to 46.20 1k= 1,185
MO 15.72 to 16.50 1k= 1,049

6k invested March 6th would be worth over 13k today, I could have recouped my initial investment and just played with house money from here on out. Will there be another pullback, I hope so, but I fear Eugene has a point, I may have missed the best buying opportunity in recent times.

My advice, do your own research, trust your gut, turn off your targeting computer and use the force Luke.

It’s a damn good thing these same bloggers saved me 300k on my house or I’d be really pissed.

[air_ogi]

If you feel confidant about Altria’s future, California’s Tobacco securitization bonds at 10% tax-free yield seems like a much better investment, unless you are worried about significant inflation.

I would be very careful with REITs. They had a huge run, most of it not supported by fundamentals.
I would not trust zerohedge either. Tyler is like Rush Limbaugh of financial news. You should not invest money based on a echo chamber noise.

[air_ogi]

If you feel confidant about Altria’s future, California’s Tobacco securitization bonds at 10% tax-free yield seems like a much better investment, unless you are worried about significant inflation.

I would be very careful with REITs. They had a huge run, most of it not supported by fundamentals.
I would not trust zerohedge either. Tyler is like Rush Limbaugh of financial news. You should not invest money based on a echo chamber noise.

[air_ogi]

If you feel confidant about Altria’s future, California’s Tobacco securitization bonds at 10% tax-free yield seems like a much better investment, unless you are worried about significant inflation.

I would be very careful with REITs. They had a huge run, most of it not supported by fundamentals.
I would not trust zerohedge either. Tyler is like Rush Limbaugh of financial news. You should not invest money based on a echo chamber noise.

[air_ogi]

If you feel confidant about Altria’s future, California’s Tobacco securitization bonds at 10% tax-free yield seems like a much better investment, unless you are worried about significant inflation.

I would be very careful with REITs. They had a huge run, most of it not supported by fundamentals.
I would not trust zerohedge either. Tyler is like Rush Limbaugh of financial news. You should not invest money based on a echo chamber noise.

[air_ogi]

If you feel confidant about Altria’s future, California’s Tobacco securitization bonds at 10% tax-free yield seems like a much better investment, unless you are worried about significant inflation.

I would be very careful with REITs. They had a huge run, most of it not supported by fundamentals.
I would not trust zerohedge either. Tyler is like Rush Limbaugh of financial news. You should not invest money based on a echo chamber noise.

[jimg111]

Agreed, do your own DD and I there is a LOT of noise on zerohedge but the REIT analysis is spot on when compared with other independent research I have done.

I also got long in march but pulled the trigger once we got over 900 on the S&P so I left some money on the table, that’s ok. I’m short in a small way and short REITs, market is priced too high of a PE right now, only perfection can result in a significant bounce over 1000 ( or the Obama admistrations continued buying of S&P 500 calls). Personally think buy and hold died last fall for many years to come. IMHO.

[jimg111]

Agreed, do your own DD and I there is a LOT of noise on zerohedge but the REIT analysis is spot on when compared with other independent research I have done.

I also got long in march but pulled the trigger once we got over 900 on the S&P so I left some money on the table, that’s ok. I’m short in a small way and short REITs, market is priced too high of a PE right now, only perfection can result in a significant bounce over 1000 ( or the Obama admistrations continued buying of S&P 500 calls). Personally think buy and hold died last fall for many years to come. IMHO.

[jimg111]

Agreed, do your own DD and I there is a LOT of noise on zerohedge but the REIT analysis is spot on when compared with other independent research I have done.

I also got long in march but pulled the trigger once we got over 900 on the S&P so I left some money on the table, that’s ok. I’m short in a small way and short REITs, market is priced too high of a PE right now, only perfection can result in a significant bounce over 1000 ( or the Obama admistrations continued buying of S&P 500 calls). Personally think buy and hold died last fall for many years to come. IMHO.

[jimg111]

Agreed, do your own DD and I there is a LOT of noise on zerohedge but the REIT analysis is spot on when compared with other independent research I have done.

I also got long in march but pulled the trigger once we got over 900 on the S&P so I left some money on the table, that’s ok. I’m short in a small way and short REITs, market is priced too high of a PE right now, only perfection can result in a significant bounce over 1000 ( or the Obama admistrations continued buying of S&P 500 calls). Personally think buy and hold died last fall for many years to come. IMHO.

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