Frontier Communications Corp. (fka FTRCQ)

[frankie_fillet]

The whole market is like this ... on my stockcharts list the charts almost all look identical. Many are running the same pattern. It all started when the Asian markets and Euro markets started tanking leading in to the US open. The thing was,... in the beginning of that cycle the American markets seemed to be kept propped up and stocks kept going up until they were way overbought. I don't think the sell off has caught up to the other markets yet.

Also and this is MHO

the real estate recovery is a fabrication. Why do I say that. In Florida they are building on every square inch they can on the west coast from Tampa to Naples. Last year they only sold 21 percent of all news homes built. That left 79 percent sitting empty. Well this year they have tripled the building starts... but have not sold off the excess. Who is buying all those 350 to 450 thousand dollar homes with big association fees?

better yet find some young people or old that can actually get a mortgage.

That is how I see it right now... I could be wrong but I am not getting myself in a situation right now I cannot exit quickly from. FTR fits my situation... divy stock with good volume and liquidity.

Something is going to bust. When it does I want be in cash... I am not going to be left holding the bags this time around. No way.. no how.