12 replies to this topic

[linrom1]

My read? I wouldn't touch BSC with a ten foot pole. If there's anything off color, this one could evaporate. I'm not saying it will or even that I think such is reasonably likely.

Jut too darned likely for my taste. There's other, cheaper, safer things to buy.

M

Are they playing with their own money?

[denleo]

My read? I wouldn't touch BSC with a ten foot pole. If there's anything off color, this one could evaporate. I'm not saying it will or even that I think such is reasonably likely.

Jut too darned likely for my taste. There's other, cheaper, safer things to buy.

M

Are they playing with their own money?

This is the funniest thing I have ever heard in Finance. Their Own Money. Ha-ha-ha. They are an institution. They know that markets are risky.

Denleo

[greenie]

I have a question: Can diligent fundamental investigation be bullish? Or is it bearish only?

Denleo

We follow a secular theme based on K-wave picture -- bearish stock/housing, bullish treasury bond, bearish dollar, bullish gold and confused to bearish commodities. Within that picture, we find the most vulnerable/exciting candidates and take LT positions. Sure, that kept us away from many other bull and bear markets (e.g. the BSE bull market from 2003-now), but provides us with ample opportunities to make money. The idea of choosing that secular theme is even if we need to be away from our portfolio for a month, we do not want to come back surprised.

I have been consistently bullish on treasury bonds ever since I started posting here. Others expected crash. Also, I traded bullish positions in gold stocks from 2002-06, and made heavily bullish posts on them here in early 2006. You are probably new to this board and have not seen those posts.