Weyerhaeuser Company, A BUY?...

  Last year, we finally had enough profits to break out of our Comfort Level and purchase stocks over $20 per share.  One of the first Heavy Buys was The Weyerhaeuser Company (WY).  We went IN @ 36.21 on anticipation of surely rising housing construction and, as a Holding Stock, more future diversification into Real Estate Sales.  In May, we got on a bender to Dump "Non-Performing/Stagnant" Stocks to raise Buy Cash.  WY was on the guillotine and was sold on the 19th for 43.87.  It had come off the High of 53.89 and SmarTrend had perdicted a Downturn, c'est la vie...

    Investment Life went on, as we took the company off the Port Watchlists and relegated it to Prospectives.  The next Blip came on July 20th when the shares dropped from 41.83 the previous day to 15 + change.  This major correction was due to the fall in demand of packing boxes (??) and bad housing reports.

NOW...

     We just went IN @ 15.445, purchasing the exact amount of shares we did in October of last year.   Same strategy will apply and we'll toast the move, tonight; not only for going back in, but for the bullet we dodged earlier this year (we already raised a glass to that).

This, Boys and Girls

is how The Game is Played...

(Now, if only we could only get EVEN on ZOMA!!!..)

Surprise in Conflicting Results...

     Our Current Retail Portfolio Stocks (BBBY, CHS, DDS, DKS, SMRT, TLB) aren't often thought of by us as "Contrarian Stocks"*, but they don't seen to be hurting too much in view of Consumer Sentiment being Lower Than Expected in October '10.
     However, we did choose these stocks based on a Recovering Economy as opposed to some we may have chosen (but not purchased) for a Declining One; say, a WMT or TGC.  That Play seems to be paying off.

*"Contrarian Stocks" are those in Our Ports which go against the Dow, rising in price as the Dow is down and visa-versa.

Oct 15 (Reuters) - Thomson Reuters/University of Michigan Surveys of Consumers' preliminary October consumer sentiment fell to 67.9 from 68.2 in the final September reading according to a report released on Friday. Economists in a Reuters survey expected a preliminary October reading of 69.0.

Yesterday's FootNOTE - Today's Headline ...

Oh yeah, the dollar’s tumble is wrenching the globalisation consensus. The “Currency War” is again rumbling.  Still, were a long way from the Unreliable Accounting Practices of, say, The BRICKs!

Surely China isn't a Currency Manipulator...

Today...

     Getting ready to go back IN on WFC?  NOW is the time to stay vigilant...

Another Batch of Quantitative Easing - "Let The Good Times Roll"; But There Are Caveats, And Keep Your Stop-Losses Current...

    Investor Risk Appetite has risen with every hint that the US Federal Reserve stands ready to inject further liquidity into the economy via the purchase of financial assets.

     The Strategy, which will be the Second Batch of Quantitative Easing, and is therefore known as QE2, is the primary cause of the Dollar’s 7% Fall over the past month.

     And from the dollar’s decline traders can follow a well-thumbed bullish strategy map: the weak greenback boosts dollar-denominated commodities and helps US corporates, 50 per cent of whose earnings are made abroad. US equity futures are up 0.3 per cent.

     The trick for investors is to work out how much of QE2 is now factored into the market, or whether recent gains in riskier assets can be justified by the Fundamentals.  And, Hell, I really Hate Following Cos based on the Fundies (My Empirical Intuition goes out the window!).

     Sure, the Early Positive Indicators from the Third-Quarter Earnings Season may go some way to justifying recent optimism, but can such profits be maintained when the underlying economic data remains so tepid?

Also, global investors seem to be so in thrall to Wall Street’s moves that they are blinded to the fact that a rising S&P 500 based on dollar weakness is an advance built on US companies eating their international competitors’ lunch.

Oh yeah, the dollar’s tumble is wrenching the globalisation consensus. The “Currency War” is again rumbling.  Still, were a long way from the Unreliable Accounting Practices of, say, The BRICKs!

Chinese Investment On the Radar...

     We've recently been looking at China for an Investment Op after overcoming some resistance to the idea between us.  The main obstacle to Our involvement is the fact that China is still a Communist Country.  Although massive moves to a more Socialist Society have been Forced on the Rulers, it's Smart to remember what the New Russia did to Successful Cos; Destroyed Them, Imprisoned Their Officers or Outright Took Them Over.

 With this Caveat...

We're looking to China North East Petroleum Hldng Ltd. (NEP) for an investment oppotunity.  They've a Good Track Record and Proven Reserves.  @ around $7.00, we're happy going in Heavy. 

What We're Watching For NOW and October...

Our Standard 2010 Watchlist:

ABAT  ACLS  AMLM.OB  ATAX

 BAK  BBBY  BGP  BKCC  BKCC  BKPG.OB  BQR

CAGTF.PK  CAKE  CBL  CENX  CHS  CIIC  CLWR  CQB  CSX  CTIC

DDS  DKS  DRE  DUK  DUSA

EBHIQ.PK  EDD

F  FDX  FLO  FMIOX  FRPT  FSII  FTR  FWLT

 GEA  GSB

  HIT  HON

 IGD  IID  IROG.OB  ISRG

 JVA

KSP

 LJPC.PK  LROD  LTHU.PK  LVS

 MCD  MELA  MGM  MLC  MLCTF.PK  MOT  MRO  MRO  MRT  MSY

NEU  NGD  NHWK

 ODP  OZM

 PAG  PDLI  PDLI  PG  PIKE  PSID

 RAD  RDS.A  RUTH

 SIRI  SMRT  STD  STX

 T  TGIC.OB  TIE  TLB  TMRFX  TOO

WFC  WSCE  WY

X  XOMA





Next Best Move

found somewhere in RED...

If we don't get gunshy,

and Pull the Trigger TOO Late.

(Private Joke)

Today...

We just Reupped on Mobile Data Corp. (MBYL[.0B]).  Thought is was Good in .09 range, and I've faith in the prospects @ .103.  Mobile Data Corp, formerly Endeavor Explorations Inc., was an exploration-stage company without operations. The Company's principal business was the acquisition and exploration of mineral resources. In July 2009, it abandoned its interests in eight mineral claims located in the Uranium City area of Northern Saskatchewan, which were acquired in January 2008. On October 27, 2009, the Company entered into an asset purchase agreement with Spider Technologies for the acquisition of all of the right, title and interest in the mobile technology for Smartphones (the Technology).

This week...

Take a look: TMX TLB KIRK RAD VHC BBBY
On Radar: Pipeline companies, after the debacle last week re: PG&E
EDIT

Hello Strangers...

Hey guys and dolls!  Just got back In Town...

 

Be Posting during W-E; with Picks
 (I know it's been awahile!).