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Casino-Like Environment Continues on Wall Street
By David Fry - January 21, 2009
http://www.etfdigest.com/davesDaily.php
So, what sparked the rally? Earnings and a positive outlook from IBM, a late short squeeze in crude oil from Da Boyz in the trading pits, and a sense that more bailouts (oh goody!) are coming for our banker friends as hinted by the tax cheat Geithner. :D (I'm liking this guy, David Fry)

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Current action can only be described as violent and to most, irrational. It’s about so-called professionals on trading desks at banks (using your money of course) and hedgies who are having fun pushing markets one way or another.

For longer-term investors versus day-traders all this action is a turn-off. Count me in the former category.

Nevertheless, earnings are on tap and anxious bulls are trying to find good news from deliberately lowered expectations.

Let’s see if the ball lands on black or red tomorrow. http://www.greenfaucet.com/node/5481

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As long as the VIX remains above 40 there is enough volatility in the market to shift us 500 points at a moments notice. And it would only take 30 minutes - anything can happen to catch the majority off guard.
 
Birchtree said:
As long as the VIX remains above 40 there is enough volatility in the market to shift us 500 points at a moments notice. And it would only take 30 minutes - anything can happen to catch the majority off guard.
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Nothing big is going to happen until the Senate eithers approves or modifies TARP #2 next week.
 
Birchtree said:
As long as the VIX remains above 40 there is enough volatility in the market to shift us 500 points at a moments notice. And it would only take 30 minutes - anything can happen to catch the majority off guard.
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Don't get me wrong, Birch. I hope it shoots straight up like a rocket
and that "fortune teller" makes me eat crow! :D

BUT, tha clock's a-tickin'... :nuts:
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What say you, Birch? Do you approve this message?:D

10 Best Dividend Stocks of the Past Decade
Too many investors assume that since dividend-paying companies pay a percentage of profits to shareholders in the form of cash, there's less left over for them to reinvest in their own businesses, resulting in slower earnings growth.

But there's such a thing as a company having too much cash -- and that's not only true of value stocks. Some large-cap growth companies -- such as Dell (Nasdaq: DELL) and eBay (Nasdaq: EBAY), for example -- are sitting on billions in cash, but don't give any of it back to shareholders in the form of dividends.

Investors in these stocks are putting all of their faith in management's ability to do more with that cash than they themselves could. Will Dell and eBay management consistently invest that cash into projects returning more than you could earn elsewhere? Possibly -- but with both stocks down more than 50% over the past few years, you really have to wonder if just a little of that cash wouldn't have been better off in your pocket.

In fact, as a 2003 study by Robert Arnott and Clifford Asness showed, there's a link between higher dividend payouts and higher earnings growth. See, companies paying a dividend naturally have less cash available -- and that forces management to be more selective with the projects they take on.

On the other hand, as Arnott and Asness note in their study, managers who are flush with cash too often try to "empire build" -- and make ill-advised acquisitions or take on pie-in-the-sky internal projects that never quite materialize.

For my money, I'd much rather have the companies I own run by managers who are forced to spend only on the very best of their available projects.

The best dividend-paying stocks, in other words, provide not only income, but significant capital appreciation. By way of example, consider the tremendous performance of Wal-Mart (NYSE: WMT) -- which in addition to nearly unmatched returns for early investors has raised its dividend every year since 1974, when it was still a small-cap company.

But is Wal-Mart the exception to the rule? I looked for the best dividend-paying stocks of the last decade using the following criteria:

Capitalized above $100 million on Dec. 31, 1998.
Listed on a major US exchange.
Paid a dividend each year.
Never cut its dividend during the decade.
Increased its dividend at least once.


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http://www.fool.com/investing/dividends-income/2009/01/30/the-10-best-dividend-stocks-of-the-past-decade.aspx
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I'm counting on my dividend reinvestments as a dollar cost averaging approach while we swing back and forth around our current bottoming process. As we move up this year I'll be prepared to take a few profits and reinvest those funds into other stocks that need attention - some wall flowers will always be left behind and will gladly accept my kindness. I will continue to push forward and buy as much as I can while the value is available. I invested $629K last fall but forgot to add my reinvested $140K profit. So I'm in deep and plan to dig the hole deeper knowing that eventually all these assets will appreciate - waiting on the black swan of capital gains suspension for a year or two. The average investor does need some incentive to return to the markets - I'd really be in favor of suspending any tax on reinvested dividends. The Congress did this back in the late 1970s for utility stocks - I had built a portfolio of about 35 utility stocks and was buying them on a disciplined basis every payday and only ended up with one looser that was alo eventually righted.
 
No such thing as a sure thing out there. I think if anyone's looking for dividend's they should just invest in the SPY. This is the first time in years that the dividend yield in the S&P has beaten a bond yield.

"Never cut it's dividend in the last decade"
1. I'd like to see what stocks were on that list 2 years ago and are currently delisted or penny stock status.
2. 10 years is hardly a good sample, I'd be looking further out, like 80 years. That way you can see how they weathered past crises.

Good luck!
 
From the looks of the other stuff in the picture, you were seriously prepared if it had gone DOWN too! :nuts:

Lady
 
XL-entLady said:
From the looks of the other stuff in the picture, you were seriously prepared if it had gone DOWN too! :nuts:
Lady
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LOL! Thought I'd see if anybody would notice...:D

It's close by and ready, in case algore pops up on my screen!:mad: Just kiddin'...

Call it a "subliminal message" for my support of the 2nd amendment. :cool:
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Minnow said:
If that's what's on your computer desk, I'd love to see what's in the gun safe!!!
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:laugh: I don't have a safe...they're not much help if they are locked up.
No kids at my house to worry about safety issues, but I normally don't have them piled up like that in one place. On the other hand, the guy I bought this place from had installed steel bars on the downstairs windows and ADT monitoring. I took that pic awhile back to send to an old army buddy. (inside joke)

Off subject, I wonder how a "guest" on TSPTalk has the ability to "moderate".:confused:
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