Sector or Stock recommendations?

T Bone · 09-29-2008, 07:04 PM

Good buying opportunity right now....any one got some ideas?

I am pretty diversified right now with mutual funds, which means I am down across the board but looking for specific buying opportunities.

Just want to hear some feedback from a non-traditional source

MTV · 09-29-2008, 07:17 PM

Gold. Buy NOW

MJC///M3 · 09-29-2008, 07:26 PM

Stay away from equities....they will lose more.....it is now time to invest in hard assets....gold, silver, platinum....commodities will be huge!

Its all an illusion, hard assets never change value, only the currency they are denominated in does. Gold is gold, silver is silver.

You can by 1/10 of a Troy ounce on the NYMEX...symbol GLD.

Calgary Agent · 09-29-2008, 07:35 PM

OIL(exco) on TSE

sparkyg · 09-29-2008, 10:36 PM

Go with the Cdn banking sector. They have a monopoly on all of us, they are stable and not exposed at all compered to the US.

Strong dividends and consistent performance. They all do well too. Not 14% strong but consisten 6-7 % and just keep ticking.

RBC, CIBC, TD

oldaccount · 09-29-2008, 11:51 PM

someone please to explain how to invest in gold? I am unfamiliar with how investing in gold works. I mean if everyone is investing in it, as they should be according to what ive been reading, how can anyone benefit from it? What am i thinking of here...efficient market hypothesis. This applies to debt and equity, but does it apply to commodities as well?

Blake · 09-30-2008, 12:18 AM

you've got to diversify your bonds

sorry couldn't help it

T Bone · 09-30-2008, 10:40 AM

Quote:

Originally Posted by sparkyg

Go with the Cdn banking sector. They have a monopoly on all of us, they are stable and not exposed at all compered to the US.

Strong dividends and consistent performance. They all do well too. Not 14% strong but consisten 6-7 % and just keep ticking.

RBC, CIBC, TD

Thanks, I have a strong position on these banks already.....

I am considering gold

ideliver · 09-30-2008, 10:44 AM

Quote:

Originally Posted by T Bone

Thanks, I have a strong position on these banks already.....

I am considering gold

r u looking to buy and hold or trading...

T Bone · 09-30-2008, 10:54 AM

Quote:

Originally Posted by ideliver

r u looking to buy and hold or trading...

Long....thinking about ABX

Voltigeur · 09-30-2008, 10:54 AM

I would also look at some distressed debt funds: in many cases these have been too aggressively marked w/ OK pools that are priced as if 50%+ of the underlying pools of RMBS (Alt-A pools yielding in the teens and discounted over 30%). That's why some experienced managers like BLK have set these up.

If you know what the ABX-HE-AAA is then you are on your way.

Companies w/ lower leverage, good cashflow and generally higher-quality balance sheets will come through this OK.

I would be underweight global cyclicals in materials until we see the global macro deceleration play out into 2009.

09-29-2008, 07:04 PM	#1
T Bone Brigadier General 530 Rep 4,021 Posts Drives: 2008 335xi Coupe Join Date: Feb 2007 Location: The land where we kill baby seals iTrader: (0)	Sector or Stock recommendations? Good buying opportunity right now....any one got some ideas? I am pretty diversified right now with mutual funds, which means I am down across the board but looking for specific buying opportunities. Just want to hear some feedback from a non-traditional source __________________ "Aerodynamics are for people who cannot build engines"......Enzo Ferrari
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09-29-2008, 07:17 PM	#2
MTV Banned 241 Rep 1,906 Posts Drives: E60 M5, Volvo S60R Join Date: May 2007 Location: Montreal iTrader: (1)	Gold. Buy NOW
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09-29-2008, 07:26 PM	#3
MJC///M3 Colonel 87 Rep 2,324 Posts Drives: 09 SSII E92 M3 Join Date: Aug 2008 Location: Bronx, NYC iTrader: (0)	Stay away from equities....they will lose more.....it is now time to invest in hard assets....gold, silver, platinum....commodities will be huge! Its all an illusion, hard assets never change value, only the currency they are denominated in does. Gold is gold, silver is silver. You can by 1/10 of a Troy ounce on the NYMEX...symbol GLD. __________________ "You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
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09-29-2008, 07:35 PM	#4
Calgary Agent Captain 21 Rep 703 Posts Drives: '11 550i Join Date: Oct 2007 Location: Calgary, Canada iTrader: (0) Garage List 2011 F10 550i [0.00]	OIL(exco) on TSE __________________ '11 550i \| AT \| Dark Graphite on Black
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09-29-2008, 10:36 PM	#5
sparkyg Brigadier General 142 Rep 3,522 Posts Drives: work truck Join Date: Sep 2007 Location: Oil Country iTrader: (5)	Go with the Cdn banking sector. They have a monopoly on all of us, they are stable and not exposed at all compered to the US. Strong dividends and consistent performance. They all do well too. Not 14% strong but consisten 6-7 % and just keep ticking. RBC, CIBC, TD
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09-29-2008, 11:51 PM	#6
oldaccount Colonel 162 Rep 2,456 Posts Drives: Car Join Date: Jun 2006 Location: USA iTrader: (2)	someone please to explain how to invest in gold? I am unfamiliar with how investing in gold works. I mean if everyone is investing in it, as they should be according to what ive been reading, how can anyone benefit from it? What am i thinking of here...efficient market hypothesis. This applies to debt and equity, but does it apply to commodities as well?
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09-30-2008, 12:18 AM	#7
Blake Banned 752 Rep 4,649 Posts Drives: Chevy Aveo Join Date: May 2008 Location: Parent's Basement iTrader: (7)	you've got to diversify your bonds sorry couldn't help it
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09-30-2008, 10:54 AM	#11
Voltigeur MacroRisk 109 Rep 2,523 Posts Drives: M3 E92 ED'09 / 335d Sport DD Join Date: Jul 2007 Location: TX iTrader: (0)	I would also look at some distressed debt funds: in many cases these have been too aggressively marked w/ OK pools that are priced as if 50%+ of the underlying pools of RMBS (Alt-A pools yielding in the teens and discounted over 30%). That's why some experienced managers like BLK have set these up. If you know what the ABX-HE-AAA is then you are on your way. Companies w/ lower leverage, good cashflow and generally higher-quality balance sheets will come through this OK. I would be underweight global cyclicals in materials until we see the global macro deceleration play out into 2009. __________________ Just thinking of something not so witty ///M3 E92 '09 Jerez Black \| 6MT \| Ext Fox Red \| Tech \| Prem \| 19s \|Heated Seats \| iPod \|Smartphone \| Euro Deliv June 09 Sold: 540iT / 530i / 323i
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