10
Jun
2008
Citigroup Inc (C) - I Hate Myself For Buying It!
Posted by Tom as Stocks
I’m either stupid or a glutton for punishment but I bought 10 additional shares of Citigroup (C) yesterday for my Roth IRA account. I figured that C was at its bottom and wouldn’t go lower than $20 because my recent modeling is showing a strong pull toward a higher price, but it didn’t listen [...]
05
Mar
2008
Yesterday I got a great email from Digital Dude who asked me why I didn’t use a stop when I went long Citigroup @ $42/share and does buying more, now, make it right? I responded by saying that my strategy for long term is different than my short term one. Soon after I posted my [...]
22
Feb
2008
Citigroup Inc (C) - Love/Hate Relationship Part 2
Posted by Tom as 401K, Neural Nets, Stocks, Trends
YAHOO.Shortcuts.annotationSet=YAHOO.Shortcuts.annotationSet||{};YAHOO.Shortcuts.annotationSet['lw_1203713237_0']={”text”:”Citigroup”,”weight”:0.250553,”type”:["shortcuts:/us/instance/organization/company/company_name"],”category”:["ORGANIZATION"],”metaData”:{”canonicalName”:”Citigroup Inc.”,”exchange”:”NYQ”,”symbol”:”C”}};I decided to take a look at my long term buy, Citigroup (C), again. Where have we gone since my last post? Not very far at all! The trend is definitely downward despite two cash infusions totaling $22 Billion dollars over the course of a few months. Will it help? [...]
04
Feb
2008
Staying Long Oil
Posted by Tom as Stocks
My father asked me a few weeks ago, during the market turmoil, if he should sell his ExxonMobil (XOM) holdings. He’s been amassing a small fortune in Exxon over the years by taking part in their Dividend Reinvestment Plan (DRIP). Although S&P knocked Exxon down to 3 stars I told him to stay [...]
16
Jan
2008
YAHOO.Shortcuts.annotationSet=YAHOO.Shortcuts.annotationSet||{};YAHOO.Shortcuts.annotationSet['lw_1200531613_0']={”text”:”Citigroup”,”weight”:0.25,”type”:["shortcuts:/us/instance/organization/company/company_name"],”category”:["ORGANIZATION"],”metaData”:{”canonicalName”:”Citigroup Inc.”,”exchange”:”NYQ”,”symbol”:”C”}};
The markets are having a rough time since the beginning of January and its beginning to look like the Greenspan liquidity bubble is (has) catching (caught) up to us. If you ask me, there’s no rally around the corner right now but the start of a race to a bottom. My [...]
