Friday, February 13, 2009

The following is the beginning of my list of (to be developed) Core Holdings:

Intel
Berkshire Hathaway
IBM
GE
Amgen
Google
OIL
Natural Gas
Copper
Amazon
FedEx
UPS
3M
Dow Chemical

My only concern is whether to start accumulating when the Dow 30 falls to 7500 or 6000 (update 2-18-09) we were very close to 7500 yesterday, which is a double bottom to the previous low in Nov 22, 08. A natural resistence, however, other non-market issues are far from predicting a "blood bath" low - so, breaking 7000 looks bright and maybe a 6800 low - need lots of Volume and blood on the streets -
and "good news" for a pull out.)

I currently have call options on GE, INTC and DOW and positions in PWE (Oil) XTXI (gas transmission) These positions represent 25% of my LqNW (liquid net worth) the remainder is in Money Markets.


2 comments:

BullPreacher said...

1

BullPreacher said...

Haven't checked in in a while- been hunkered down if you know what I mean. Seems like we might be getting close to the time to start getting the powder ready.

Hope everything is going well with you.

BeBlessed