Posted by: Nepali_American September 22, 2011
What are you buying in this market meltdown
Login in to Rate this Post:     0       ?        
Bought some more Alcoa - AA - to add to already existing position.  Charts are not that favorable.  But it is incredibly cheap right now.  PEG at 0.26, c'mon.  This has to pop one of these days, soon I hope.

Was about to add to my existing Goldman Sachs stocks, but got scared.

Thinking about selling Disney, EOG and 3M on the upside if they don't behave (awww behave, grrrrrr - Austin Powers) and using that money to buy NLY and FSC.  By the way, take a look at FSC.  Very interesting BDO stock, pays dividend monthly and yields incredible 13.33%.

Hmmm... I am also looking at tech stocks to buy.  HP ( I know they are in turmoil but I just can't get over the fact that they are the largest IT company in the world, larger than even IBM), Dell, Cisco, Intel, Arm Holdings, Nvidia, Oracle, Broadcom... which ones to choose?

Anyway, had a rough day today.  Almost all stocks in my portfolio are in red, except for a few, like Apple.  I love Apple.  I will continue loving Apple until it hits 500 and then I will have to dump the fruit soon thereafter.
Read Full Discussion Thread for this article