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Re: Sexton O Blake post# 13269

Tuesday, 04/26/2005 8:34:08 PM

Tuesday, April 26, 2005 8:34:08 PM

Post# of 19037
FoxNewsChannel: As I mentioned they have a great news lineup on Saturdays.

Last week's recap: http://www.foxnews.com/story/0,2933,105148,00.html

Cavuto on Business - regulars include Jim Rogers and Ben Stein..

Jim Rogers last week:
Thirty years ago you might've bought U.S. Steel, Chrysler and you would've had nothing to show for it. I would buy hard assets. I would get my money out of the country. And I would buy airlines.

(Apparently buying chitloads of Airline bonds)

Then on Cashin' In (Host: Terry Keenan)

Wayne Rogers is a regular there. Good ideas, likes charts with a good MACD, always uses stops.

Excerpt from the show:
Question: [Terry] “What would you say is the one most important thing to look at before buying a stock?”

Wayne Rogers, Wayne Rogers & Company: Well, first I look at the technical part. You have an entry price on a stock or you can say all stocks that you are going to look at are fundamentally good, and you are looking for volume and institutional support. You are also looking for a base or a trend in the stock. And those are the things that will make your decision easier.

Jonathan Hoenig, Capitalistpig Asset Management: The three most important rules in real estate are location, location, location. In stocks it's price, price, price. Like Wayne, I like to see a combination of factors. I like to see a stock doing well with not a lot of buzz out there, and not many people on board.

Terry Keenan: The volume is not as important to you.

Jonathan Hoenig: To me, price is everything. That is what you trade. You don't trade the volume.

Dagen McDowell, FOX Business News: Wayne, you have to step back and decide fundamentally if this is a good business. Ask yourself, is this a good business? Is this company competing and being competitors and innovating and growing? Does it have great products and services? It is one big question and a lot of little ones to answer.


Anyways, enjoyable shows nonetheless. And it appears the transcripts are here weekly..

Cheers everyone!
B


"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)

"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.

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