kfh227

krazeenyc, Good post a few posts up! Some stocksare cheap. Imight go shopping tommorrow. SD, PWE and/or XCO.

I am starting to like the idea that all of OPEC is producing more than they claim. They need to cut production but no country will volunteer to do so. Or they may volunteer and change nothing. The Saudis are sick of it and are driving prices down to hurt the other countries that have higher production costs. The next OPEC meeting is in June and Saudi Arabia will demand production cuts. If no production cuts occur they will drive prices down further as retribution.

Is it possible that certain market participant (Saudis) are manipulating prices because they don't want the keystone pipeline to be green lit? Sounds like the US Senate really wants it an Obama wants to veto it. Per: http://www.newsweek.com/boehner-survives-conservative-challenge-re-elected-us-house-speaker-297192 I kind of expect Minor changes to Obamacare in exchange for the pipeline and the end of the republican rant for the end of Obamacare or major watering down of it. Once the pipeline is in, the US will not be buying it. It's going to get exported and increase supply which may impact "certain market participants". Ya, speculation. But there are probably 10 explanation for todays oil prices and it probably is not one single answer but a blend made up of up to 10 of those reasons. But this keystone pipeline, where it ends and the probable export might be reason for those certain participants to worry. So if they can force oil prices below $80 ($50 is a bit insane) the economic feasibility behind the pipeline is less rational. If the Senate passes the pipeline and Obama vetos it I think oil prices will go back up for a while. If the pipeline is a go, I don't know what to think of my theory. Free oil for everyone for 6 months? Thoughts anyone?

If I had the money to live off dividends I would sleep well at night being 100% into JNJ. BRK FFH JNJ I like the mention of railroads. A bucket of railroads would be nice across multiple countries.

Pink Floyd - Money Charles Bradley - Why is it so Hard (pertains to the getting rich or in his case ... even getting out of poverty) http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CCUQyCkwAA&url=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DyBdTVmSVq14&ei=PHetVKyyO9DksAS_vIK4CQ&usg=AFQjCNHnTi-TGiEr-8ebrRNPBoxjv2fVZQ&bvm=bv.83134100,d.cWc Charles has an incredible story best learned about by watching the documentary about him on Netflix. That's called Charles Bradley | Soul of America

You could ask her to just read those two chapters (I think they are Chapters 8 and 20). If she is just starting out, that might be an easier introduction than reading a whole book. Doesn't the book itself actually recommend that in this situation?

I'm DCAing into SD and PWE tomorrow. If BBRY drops to $9.75 or so I'll be buying some calls that expire on Friday. Earnings are Friday before the open. Hoping for good news that causes a short squeeze. Of course, I think it is doubtful this early but it will happen in one of the next 4 quarters. Too many things are going right at BBRY. John Chen is doing an amazing job in the CEO spot. It's just a matter of time till they turn a profit and start producing Free Cash Flows.

Seeking alpha is a good site. If you ignore the articles and read the comments. The people writing comments tend to know way more about what is happening with a company than the people writing articles. Oh, they tend to know alot of the minutia too.

After 7 years of reading about stocks when not at work (as a software engineer), I gave up on reading about stocks. It was a good year or so off. Now I need to get back into the swing of things. Any advice on what to do with myself? I was thinking of reading up on some small cap stocks (sub $1B and even sub $100m). Anything worth considering right now? I currently have a book that I resumed tonight. So I have that covered not to mention I have a backlog of books I bought and never read. Anyway, what should I do?

Fiat currency is backed by governments. The Gold standard used to be backed by gold. Nothing backs bitcoins. It is just a game of greater fool theory. Some old school value investing quotes: There will be bag holders and they are probably the same people that were holding the bag in 2000.

I read a review of someone at AVSForums doing an in home testing for a nearby company that is working on glasses free 4K 3D TVs. He says that it is unbelievable. It actually works. I can't find hte article, but read this: http://www.flatpanelshd.com/news.php?subaction=showfull&id=1376292289 4K is what is making glasses free 3D possible. In my opinion, we'll probably see 8K some day because it will inevitably make things better for 3D reproduction. But that might be the end. WHo knows though. For all I know 120" screeen sill be cheap one day and that would drive pixel densities up even more.