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Agree Njfan

JBinPA

Well-Known Member
Nov 13, 2010
2,853
10
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Great opportunity to look for great entries; ones we may not see again for quite some time.

Am still following many of your recs and still believe FISV has another 20% in it this year; it's survived this purge quite well.

Enjoy the day!
 
Always good to buy when there is blood in the streets! We may have a little more to go on the downside and it's definitely more risky to be heavily in the market than in the past, all things considered, including a completely incapable president, but the market might just be able to continue to overcome these hurdles.

Today, I bought Dow Chemical at $42.54 and iDreamSky Technologies, a Chinese company that converts video games to Mandarin, at $16.45. I could see Dow Chemical at $50-55 in a year and iDreamSky Tech., while more risky than Dow Chemical, could be 100% higher in 12-18 months.

Google also looks good here at $535.10 in after-hours trading, after closing at $540.73 at 4 PM, which was down $7.96 on the day. CORRECTION: Google (GOOG- class C stock) at $525 in after hours trading, had to take advantage of this one; could see the stock at $600 in 3-6 months.
This post was edited on 10/15 7:42 PM by njfan47
 
Sell Dow Chemical here at $50.05 in the pre-market as it has moved substantially off the $42 low. This type of advance normally is followed by some sort of retracement, maybe halfway between the low and the current price.
 
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