Blog

17-Jan-08

i may be premature here dipping my toes into financials. AXP got spanked pretty hard for revealing what we already knew: people are having trouble paying their bills. i looked at the charts over many different time periods, looked at the financials, looked at the investors who hold shares, and thought about the overall economic picture. i think i am in at a good price if we experience a quick short downturn here. if it is a more protracted and painful one, i think my downside risk is limited. i reserve the right to change my mind on a dime though ;-)

Tagged Stocks: AXP

Posted at 10:11 in Holding Rationales | Permalink | Comments ()

13-Dec-07

this has not gone the way i planned

Holding Rationale for PFE.

0

i bought pfizer thinking that it was due for a turnaround. i am still waiting. and holding. and doing all those things that i probably should not do, like HOPING.

Tagged Stocks: PFE

Posted at 13:39 in Holding Rationales | Permalink | Comments ()

15-Nov-07

a story

Holding Rationale for EBAY.

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well, not quite that negligent in the due diligence department. there are a lot of reasons to own ebay right now i think, although the tiffany lawsuit is definitely casting a shadow at the moment. and if the economy really tanks then the story might not make sense, but my thesis is that auctions are popular when people are feeling pinched. they look for cheaper alternatives to buying retail, and they head out to the garage to unload all the crap they bought when they refi'ed.

Tagged Stocks: EBAY

Posted at 20:26 in Holding Rationales | Permalink | Comments ()

30-Aug-07

i have been looking for a railroad

Holding Rationale for BNI.

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...stock for a while.

Tagged Stocks: BNI

Posted at 10:08 in Holding Rationales | Permalink | Comments ()

23-Aug-07

coke is pretty safe

Holding Rationale for KO.

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the five year outlook for coke seems pretty good.

Tagged Stocks: KO

Posted at 18:37 in Holding Rationales | Permalink | Comments ()

dividends

Holding Rationale for PID.

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moving to dividends, as a move towards safety. the large weighting of finance companies in this ETF worries me a little in this climate, but the sector has been hammered pretty well already, and it looks like no one company represents much more than 2% of the holdings. the chart looked good as well. and phil pointed this one out http://www.philstockworld.com/2007/08/22/wild-wednesday-morning-3/

Tagged Stocks: PID

Posted at 18:36 in Holding Rationales | Permalink | Comments ()

05-Jun-07

another defensive play

Holding Rationale for PG.

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sector rotation. consumer staples.

Tagged Stocks: PG

Posted at 14:25 in Holding Rationales | Permalink | Comments ()

PFE

Holding Rationale for PFE.

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based this purchase on the fundamentals, the projections for dividend growth, and the fact that i have read about it in a lot of disparate places as a company to own.

Tagged Stocks: PFE

Posted at 14:24 in Holding Rationales | Permalink | Comments ()

water is blue gold

Holding Rationale for PHO.

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or at least that is what they say. the long term trend for water industries is up. i haven't delved into the specific companies in the sector, but in the meantime i am exposed with this ETF and CGW as well.

Tagged Stocks: PHO

Posted at 11:00 in Holding Rationales | Permalink | Comments ()

sector rotation

Holding Rationale for JNJ.

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the business cycle is coming around and things are slowing in the US. time to rotate into healthcare, and J&J is a good buy. defensive play.

Tagged Stocks: JNJ