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Post# of 112680
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Alias Born 03/19/2014

Re: None

Saturday, 04/12/2014 7:23:34 PM

Saturday, April 12, 2014 7:23:34 PM

Post# of 112680
What to buy. I've been in the market since November 1966 and I've never seen such a strange market because I can't find anything to buy except the three stocks that I already own MCIG being one of them. I think the market in general is too high and I have never shorted a stock and I never will short a stock but I have bought some Puts in the past and also traded some Calls. I'm 85 percent in cash and unless I can find something I guess that I will just stay mostly in cash or maybe buy some income stocks like the Eaton Vance Floating-Rate Income Trust to pick up some short term dividends with a cheap stock that the odds of a substantial drop in pps is remote. Being fully retired I've spent a lot of time researching and researching but can't find anything. Hopefully MCIG will move up shortly because of the pending VCIG dividend and their next financial report indicating great sales. Yep a scary market right now at least it is for me. Oh well being in cash is okay but the yield on cash is poor these days!
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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