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UPS Retirement Topics
UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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<blockquote data-quote="brownboyups" data-source="post: 1131234" data-attributes="member: 45947"><p><strong>Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20</strong></p><p></p><p><strong>had Friday off...watched some CNBC and certain things caught my ear...learned a lot</strong></p><p><strong></strong></p><p><strong>1. this market can go 2,000 to 3,000 points higher</strong></p><p><strong>2. average investor that got burned in 2007-08 are still out of this rally</strong></p><p><strong>3. market trades in million shares (in the lower-mid 2000's market traded a billion shares everyday)</strong></p><p><strong>means spec money is out of this market</strong></p><p><strong>4. some other markets are doing better than the dow jones in % (were not the only bull market)</strong></p><p><strong>5. what can cause the dow jones to stumble</strong></p><p><strong> A. October debt ceiling comes back into play</strong></p><p><strong> B. Ben Bernanke may (probably) quit in December</strong></p><p><strong>6. Mortgage Reits went down today because a guy that may change some rules that would hurt them </strong></p><p><strong>is being nominated for an open position...the republicans will probably reject him...as of now i see no reason</strong></p><p><strong>to not hold them...i own 3 of them...AI...NYMT...WMC...keeping all 3 for now...things change so need to </strong></p><p><strong>watch carefully</strong></p><p><strong>7. Warren Buffett live on CNBC Monday morning...will watch 6am till i leave for work at 8am</strong></p><p><strong></strong></p><p><strong>hope this helps</strong></p><p><strong>looks to me the bull market is going to run some more</strong></p><p><strong></strong></p><p><strong></strong></p><p><strong></strong></p><p><strong>looks like to me buy on a hard pull back is the way to go for now</strong></p></blockquote><p></p>
[QUOTE="brownboyups, post: 1131234, member: 45947"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] [B]had Friday off...watched some CNBC and certain things caught my ear...learned a lot 1. this market can go 2,000 to 3,000 points higher 2. average investor that got burned in 2007-08 are still out of this rally 3. market trades in million shares (in the lower-mid 2000's market traded a billion shares everyday) means spec money is out of this market 4. some other markets are doing better than the dow jones in % (were not the only bull market) 5. what can cause the dow jones to stumble A. October debt ceiling comes back into play B. Ben Bernanke may (probably) quit in December 6. Mortgage Reits went down today because a guy that may change some rules that would hurt them is being nominated for an open position...the republicans will probably reject him...as of now i see no reason to not hold them...i own 3 of them...AI...NYMT...WMC...keeping all 3 for now...things change so need to watch carefully 7. Warren Buffett live on CNBC Monday morning...will watch 6am till i leave for work at 8am hope this helps looks to me the bull market is going to run some more looks like to me buy on a hard pull back is the way to go for now[/B] [/QUOTE]
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