grrrreeen , I agree on ; DNDN and CLR, I would add; BEXP, NOG and EGT.  Maybe ; KOG because of their Bakken drilling.

Post edited 9:42 am – September 19, 2009 by spreadtrader

grrrreen said:

What are your favourite 5 stocks right now for the longer term, ie one or two years?

……"right now"? Right now I'm not buying stock. The time for that has passed; and what anyone is presently "holding" is largely irrelevant.

Frankly, I'm selling in this market, accumulating some cash to selectively buy IF the market corrects (don't hold your breath).

For example, I SOLD my GSS calls within the last week. I still HOLD the stock, but I sure wouldn't be buying it here.

Listen, if there isn't a healthy tinge of fear in your heart about what's going on in the markets when you're buying something, you're probably not buying at the right time. When everyone else (prompted by the fools in the media) is saying that it's probably "OK" to be buying stock again, you'd better think twice. 

……..hope I confused everyone because it may save you some money.

spreadtrader said:

Listen, if there isn't a healthy tinge of fear in your heart about what's going on in the markets when you're buying something, you're probably not buying at the right time.

These days my heart drops every single time I press that trade button. And yet, I keep doing it anyway.

Precious metals still looks good to me and so I'm holding SLW with an exit price of $20.

Natural gas seems like a no-brainer unless you buy options like I did and have to worry about worthless expiration. There are some questions about UNG – the share price exceeds NAV by too much for some.

Solar is an area I like and for traders, YGE has large daily swings on no news. Catch it right a couple of times and there's a new car in your driveway before long.

Finally, I got clobbered on General Growth Properties a few months ago before they declared bankruptcy. Rather than being smart and holding on, I took a big loss and a buttkicking from my accountant/financial advisor.

But it's back. Now trading on the pink sheets as GGWPQ, it's been flying lately. Despite the problems with commercial real estate, they manage five malls within driving distance of my house ranging from your run-of-the-mill mall to extremely high end and all seem to be doing well — low vacancy and high traffic. I waited a bit too long and got back in at $4. In 2007 this stock traded in the mid 60's. It won't get back there any time soon but it still looks like it can make a nice run.

That's quite fabuloment. I speak it too. BTW, for future reference {assuming you're using a Windows PC} if you hold down the alt key and press 0233, you'll not only be able to speak French but you'll be able to correctly spell touché.

1. Make sure Num Lock is on (so the numeric keypad at the right of the keyboard produces numbers instead of cursor movements). The number keys at the top of the keyboard won't work for this.

2. Hold down the Alt key with your left hand.

3. Using the numeric keypad, tap in 0233 (the numeric representation of é) and then release the Alt key. You should get the é character at the position of the cursor.

spreadtrader said:

TwoHands said:

 ……..correctly spell touché.

---

So it doesn't have anything to do with spelling. It's a computer gimmick.

It haz evry thing 2 doo wth speling!

¡Yo soy un árbol en el centro de la calle!

spreadtrader said:

Sounds like Lucy's got some 'splainin' to do.

Naw… she just rolls her eyes whenever I say that.  She's tired of hearing about that tree…

Darrell said:

grrrreeen , I agree on ; DNDN and CLR, I would add; BEXP, NOG and EGT.  Maybe ; KOG because of their Bakken drilling.

Darrell:

I came across this article from the US Geological Society (USGS) and thought you might be interested:

http://www.usgs.gov/newsroom/a…..ID=1911%3E

Bottom line, there are billions and billions of barrels of light sweet in the Bakken platform. Which are the companies drilling in the Bakken?

spreadtrader said:

Post edited 9:42 am – September 19, 2009 by spreadtrader

---

grrrreen said:

What are your favourite 5 stocks right now for the longer term, ie one or two years?

---

……"right now"? Right now I'm not buying stock. The time for that has passed; and what anyone is presently "holding" is largely irrelevant.

Frankly, I'm selling in this market, accumulating some cash to selectively buy IF the market corrects (don't hold your breath).

For example, I SOLD my GSS calls within the last week. I still HOLD the stock, but I sure wouldn't be buying it here.

Listen, if there isn't a healthy tinge of fear in your heart about what's going on in the markets when you're buying something, you're probably not buying at the right time. When everyone else (prompted by the fools in the media) is saying that it's probably "OK" to be buying stock again, you'd better think twice. 

……..hope I confused everyone because it may save you some money.

ST:

Do you still feel the same way? You are right! It could have saved me some money had I been confused by you. Right around the time you posted the above, there was a 5~10% correction.