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Canuck57[_9_]

On 18/04/2010 11:09 AM, wrote:
On Sun, 18 Apr 2010 10:47:11 -0600,
wrote:

Owned Ford too, didn't do as well as you. Bought in at $2.25 and out at
$6.90 but a good ride and never got burned taking a profit. Watch Ford
carefully, it could go to $20 but there is a hype factor in it at the
moment.

I took too much time believing Ford was real but I am still sitting on
a double.

After the 2009 windfall, I am back to a large percentage of cash. I am
certain this depression cycle is not over. The basic problems still
exist, just a whole lot more debt.

I am still sitting on my equities but I have stop loss orders in on
most of them

Stop loss orders are a good practice. I also have a sell target I set
when I buy stocks, and sell if they cross the high or low if it.

I agree that if the commercial real estate market doesn't find new
financing soon that is the next crash.

Commercial real-estate, I am not sure I would add to my very limited
position. About the closest to real estate investments I have is an old
folks home deal. Real estate has 2 challenges going forward. Deflation
of inventory value and interest rates. While interest rates are low
now, they will one way or another go up in time. Neither is good for
real estate. I expect it to be a dead sector unless inflation exceeds
20%. Too much inexpensive potentially recessive inventory still exists.

It will not have near the impact on the overall economy as the last
crash but it will still depress the market.
As I said, the market is 30% fundamentals, 70% emotion.

Emotion always catches up with fundimentals in time. I would not buy a
stock purely on emotional fundimentals. I still look towards the bottom
line, as if the bottom line is good and improving, time for emotions to
come around is in your favor. But a hype dog today could loose its
momentum pretty quick like musical chairs.

--
Time to ask, is our government serving us or are we serving the government?