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Re: Prediction for tomorrow
Old 05-11-2006, 03:11 PM   #41
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Re: Prediction for tomorrow

Dive! Dive! Go lower! Yay!

(Payday along with my automatic contribution is Monday)
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Re: Prediction for tomorrow
Old 05-11-2006, 03:45 PM   #42
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Re: Prediction for tomorrow

It's "interesting" to see these "short term" comments on the current market "gyrations".

For those that havenít seen the article, go to:

http://news.morningstar.com/article/...rmat=pfarticle

In it, Sue Stevens talks about the idea of the "cash pool":

"Set up a cash pool that will cover 2-5 years' worth of expenses. Take your regular distributions from this pool and periodically fill it up"

That being the case, my current plan has 2.5-3 years of short-term cash, which will (in most cases) avoid the "necessity" to draw out of my 60/40 mix.* Of course, I'll "refill the bucket" from the equity/bond side on up years, to maintain my pool.

These short-term gyrations won't mean as much to me (in retirement) when I execute my plan.

- Ron
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Re: Prediction for tomorrow
Old 05-11-2006, 04:03 PM   #43
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Re: Prediction for tomorrow

Quote:
Originally Posted by rs0460a
For those that havenít seen the article, go to:

http//news.morningstar.com/article/pfarticle.asp?id=162327&format=pfarticle
Ron, do you expect us to take seriously any information contained in a link with this URL?

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Re: Prediction for tomorrow
Old 05-11-2006, 07:04 PM   #44
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Re: Prediction for tomorrow

Quote:
Originally Posted by wab
Your MOVI pick is starting to look a little better today too.*
Daily share volume for the last few months has been around 300,000. Today it was nearly 40 million. The stock finished up 51%, although we should keep in mind that's after falling over 90% in the last year. So a dollar dropped to a dime and then added a nickel.

MOVI is talking a deal with Blockbuster, even though they're still suffering from the digestion of Hollywood Video. Meanwhile Netflix is only about 10% short of an all-time high.

Would that be like all the buggywhip makers consolidating against Henry Ford?
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Re: Prediction for tomorrow
Old 05-12-2006, 03:17 AM   #45
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Re: Prediction for tomorrow

Quote:
Originally Posted by Nords
MOVI is talking a deal with Blockbuster, even though they're still suffering from the digestion of Hollywood Video.* Meanwhile Netflix is only about 10% short of an all-time high.

Would that be like all the buggywhip makers consolidating against Henry Ford?
I don't know about the buggywhip analogy.* *They're all in the video rental biz.* *They all have the same operating margins.* *The main difference is that MOVI has an eye-popping price/sales ratio of 0.08 and a market cap rougly equal to their cash on hand.

Those numbers look good to me.* * But I'll admit that I don't much about stock picking.* *I'll defer to the guy who bought NT because it's run by a submariner.*
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Re: Prediction for tomorrow
Old 05-12-2006, 05:08 PM   #46
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Re: Prediction for tomorrow

Quote:
Originally Posted by wab
Those numbers look good to me.* * But I'll admit that I don't much about stock picking.* *I'll defer to the guy who bought NT because it's run by a submariner.*
I'm trying to emulate Buffett. Remember how he bought World Book for its encyclopedia monopoly about six months before Microsoft released the Encarta CD-ROM?

So far the quantity of my stock-market learning has been directly proportional to my losses. MOVI has taught me far more than NT!
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Re: Prediction for tomorrow
Old 05-18-2006, 09:06 PM   #47
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Re: Prediction for tomorrow

Quote:
Originally Posted by audreyh1
Hey, the market is having a good ol' selloff today!!

Can't I still get credit for my "sell on the news" prediction?

So it took a few hours for everyone to react!

Audrey
OK - now this really has been a WHALE of a selloff event! A whole WEEK of selling - wow!

And looks like it hasn't finished yet?.......

Audrey
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