hello Darien
i have tried this approach, so far,
failed,
i have looked for companies selling at 10-25C on a
dollar
book value is= assets- liabilities/amount of
shares
that gave me for example 8 weeks ago
drys
book value 59 selling at
$3
in 3 weeks it ran to $18
only to fall back to here
i have also added 6 filters
a: net profit>14%
b: eps grow>14%
c: sales grow>14%
d:5year earn forecast to grow>14%
etc
here are you real value :
Ron
bcs
epr
glng
trma
apl
epr
mtl
osg
exm
are
ima
tdw
brs
dym
slm
mqrsf
investigate and see
Ben
----- Original Message -----
Sent: Wednesday, March 04, 2009 9:21
PM
Subject: RE: [astrofin] Saturn transiting
NYSE Mars
Hi Wood, Transitting Saturn is bouncing along towards a
conjunction with its position on the 1980 gold high in the latter
part of September. That month is usually interesting for the stock market
too. Though my models still point down and we may have
a bad to tepid economy for the next couple of years it seems to
me things are getting somewhat overdone and for long term
perspective plays it may be time to start accumulation keeping in mind
they could still easily halve or more in value. Consider
Alcoa (AA) for example. It is at its 1987 crash lows, down 90%
from its high. It has ample reserves in the ground. These have to be
worth something again someday. Since 1970 it has never had more than 1
1/2 years of decline at a time. It has had 1 1/2 years now. Unless the
dividend is changed or suspended it is yielding 10%. Metal producers (with
the exception of fictitious ones which AA is clearly not) going bankrupt is
essentially unheard of. ABK declined on the order of 99% and has
already built a nice triangular base. It is either going to be toilet paper
soon or it has only one way to go over the coming years. I'm
reminded of something John Templeton said about how he made his fortune.
He bought a large basket of penny stocks knowing full well most would go
bankrupt but counting on the survivors to dramatically outperform. This
strategy as most know earned him billions and he now sits on an
island trying to figure out how best to give his money
away. At the moment, with a bit of care, we could be doing the
same thing not with penny stocks but with established
companies. $3000 for example buys a mixed basket of 3000 shares
of AA, AIG, C, GM, and GPS. Throw in F, GE, ABK,
and a few others and the basket gets bigger and more
diversified. Perhaps a couple of these will fail. If so we'll be
on course with what worked for John Templeton. If they all fail the money
we spent on them wouldn't be worth anything anyway so who
cares. Even if wrong some of these are so cheap we could roll em up
and smoke em and not miss much and the government seems to be
guaranteeing some of them won't go to zero to boot. If it were Christmas we
could stuff them in the stockings like so many lottery
tickets. My constructive comment then is perhaps we shouldn't
focus so much on where we're going in the short term because it isn't all
that good, at least yet. Perhaps instead we might ask ourselves
what we want to have in our longterm portfolios say five years from now.
For all the problems we are setting up for the buying opportunity of a
lifetime. Keeping our powder dry doesn't do any good if we never
again pull the trigger. Whatever happens over the coming
months or even year or two it seems time to run our astro screens on
industries and then individual stocks within those, getting ready for
what is likely coming relatively soon. We may never get another chance like
this again. Suggestions of similar ticker symbols
welcomed. Cheers, Darrin
To: astrofin@xxxxxxxxxx s.com; Orionsbelt@xxxxxxxxups.com From:
protonrick@xxxxxxcom Date: Tue, 3 Mar 2009 02:30:49 -0500 Subject:
[astrofin] Saturn transiting NYSE Mars
Greetings.
Back on 2008.11.17, I posted the first chart when transiting Saturn had just
conjuncted the NYSE's natal Mars, bringing us all down in bearish
negativity. But, also, transiting Jupiter was trining the NYSE's natal
Mars. Just at the very lows of 2008, a Jupiterian influenced bullish
bounce ensued, worth some 200 SPX points.
Saturn continued to
go past NYSE natal Mars until it hit its station and reversed and came
back. Today, as transiting Retrograde Saturn conjuncts the
NYSE's natal Mars, we lost all those points, and more, as the target on the
first chart was hit, making a new low for 2009. But today there is a
decisive, definite, definitive difference in the way the world looks and
feels, as expressed through the markets. Today the mitigating,
optimistic Jupiterian influence is absent. Today the (not always, but indeed
now) negative, restrictive, constraining, Dooms Day, Saturnine influence has
many convinced that the end of the world is nigh. Perhaps so, although I
hope not. I am personally tired of all the negatory bad news, and of all
the deconstruction. I would favor some positive con-struction and I hope
we don't have to wait until May 17, the anniversary of the Buttonwood
Agreement in 1792 that established the NYSE, when Saturn coincidentally goes
direct again. {Remember,
Saturn is also the planet of building, structures, farming, and
harvesting}
So we may expect a bounce here. But, sticking with
the NYSE's natal Mars theme, we don't have another major tranisting aspect
until 2009.03.09, when the transiting Sun conjuncts that NYSE natal
Mars. Given that the Full Moon is the next day, and that there are
significant transiting aspects to the Tokyo Stock Exchange's radix also, we
may see another important day. And I hope it's a low...
Go
Mercury. Wood
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