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Re: Toofuzzy post# 304

Monday, 12/10/2018 12:48:56 PM

Monday, December 10, 2018 12:48:56 PM

Post# of 353
Let me help:

Attitude is everything!



The market is in corrective mode. Some attribute it to trade war issues, others point to an oil glut.

Whether or not one or both of these enter into things, one thing is for sure:

All or nearly all oil-related stocks are suffering, be they of the largest or smallest.

Fear and uncertainty reign supreme, and because fear and concern are stemming from general market-wide gloom and doom, it stands to reason that the pricing destruction we're witnessing is not going to be company-specific.


AMZA is an income vehicle! If you bought it thinking it'd be different, you made a mistake---simple as that. Get over it and accept your error or sell it and simply move on. It is paying very well and has been doing so with unusual reliability. Looking at it daily as I suspect you do is like measuring your dignity and self worth based not on your personal virtues but a dollar value set by strangers moving the stock market.

Silly, isn't it?


Market corrections are rarely recognized until they are actually holding us in their grip. If you hear anybody insisting he knew it was coming and is just days away? Turn the other cheek and not the one on your face for the guy is a liar!

Proof? Look at Delek (DK)---currently trading at $36.80. not very long ago it was above $60! Today it received a downgrade target of $45 as I recall. I'd bet you it will be receiving yet another downgrade soon. There are many, many oil and NG picks looking much the same. Being as AMZA is built of these stocks, small wonder, then, that AMZA would drop in sympathy.

The world of investing as the investing world must be. It could not operate without + & - boundaries representing momentum. It's the nature of the beast.



Just as there will be extremes to the downside, there will be some driving hard towards the upside.

Look at my largest holding by far: NGL It's actually a penny above the open of this morning!


Obviously I'm standing pat on it, convinced it's going to continue its push higher as was the case last week when it tacked on 82 cents over the course of four trading days. The stock pick earned an upgrade late in the week with a target valuation of $16. I'll take it!

Good luck to you! I hope I've been of help.

And remember this:

Corrections don't automatically mean distributions will suffer!