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pete807

08/31/16 11:34 AM

#762 RE: catdaddyrt #760

Yes it is, cat
A nice bonus from the successful recent fishing trip when my ALDW went red/green while I was absent! I suspected it was good when I noticed 25 posts since I was on line about a week ago. I had averaged down from a few high cost units I held over from the year end 2015. I loaded 4200 units during the Spring mostly in the low 9s. Patience rewarded nicely... so far. I will hold all 4500 at least till December if not longer. I could easily see adding even more ALDW if it dips as jugs suggests...

30 days left in the reporting period. about 20 trading days till EOQ3. Guess it's time to formulate a new opinion on crude and where we are headed in energy. Long term it is safe to bet crude will rise but it could be this low much longer than predicted. That said it looks like the bottom is in and we crawl higher.

I may decide to beef up the REIT positions that have been a bit less volatile while yielding supplemental income. That sector is looking solid also. I am quite heavily tilted toward energy while we expect oil to rebound at some point but geopolitical factors play heavily also, and the long term outlook does not indicate a big swing back while those that wish it would should change their lenses from red to green, also, lol. I broke my rose colored ones back in February....
GLTA!