Dashwood's Wall Street

[kittydashwood]

http://www.gurufocus.com/
GuruFocus tracks the stock picks of Warren Buffett, George Soros and other guru investors like Bill Nygren, Mason Hawkins, Ken Fisher, David Dreman, Martin Whitman, James Gipson, Robert Rodriguez, Ronald Muhlenkamp, Wallace Weitz, William, Ruane, Edward Lampert, Edward Owens, Richard Aster, Jr, Robert Olstein, John Keeley, Brian Rogers and Tweedy, Browne.

Interesting stuff. No fear of a crash when you look at what these guys are buying.

Thought I'd edit this thread a la minder to provide yuse with a look at my trades stateside.

[arco]

They dont seem to be on the right track so far..........

[Placebo]

quote:GuruFocus tracks the stock picks of Warren Buffett, George Soros and other guru investors like Bill Nygren, Mason Hawkins, Ken Fisher, David Dreman, Martin Whitman, James Gipson, Robert Rodriguez, Ronald Muhlenkamp, Wallace Weitz, William, Ruane, Edward Lampert, Edward Owens, Richard Aster, Jr, Robert Olstein, John Keeley, Brian Rogers and Tweedy, Browne.

I'm disappointed that Duncan MacGregor is not on that list. He can out-guru (or at least out-talk) all of them put together!

[Halebop]

In fairness the Guru Index has pretty much just tracked what the broader market has done over the same time frame. They have 25 stocks in the index so it's probably broad enough to deliver some similar results, despite the pedigree of the stock pickers being followed. Some of the poorer performers have lost almost one third of their value. Anyone following technical triggers on these fundamental buys is unlikely to have been left nursing such losses.

[kittydashwood]

The site does throw some interesting names up. I love the look of Moodys MCO.

Did well on WIRE recently nice gap up again!
Now looking to the same sector with BGC.
Lots of buy signals out there but few confirmed.
CEE and IIF look to be deteriorating in the medium term despite the buy signal.

Wierd day on the markets today, happy to be big in materials at the moment. Love the news from PCZ (double the distributions after the recent share split)

Closed nice trades on AOB and DESC.
Hurt on ONNN and DNB ([:0])
Both through the stop loss and with DNB I missed the technical sell points because I was in love with the 5 year graph.


Back to 75% invested awaiting a end of year rally.
Be carefull out there.

[kittydashwood]

From: The Rude Awakening, by Justice Litle (www.dailyreckoning.com) 10/5/05
WARNING: RANT AHEAD
"One of the driving forces of this boom – and perhaps what really differentiates it from previous cycles – is the continued environment of low long term interest rates, which has flooded the financial markets with liquidity."
-Financial Times, 'A Favorable Wind for Investment Banks'

Muted applause is in order for Goldman Sachs, which recently turned in record quarterly earnings - up a pleasing 84% from last year's results. And it's not just Goldman that's faring extraordinarily well. White-shoe firm Lehman Brothers is breaking records too, with Bear Sterns and Morgan Stanley in hot pursuit.
The Amex Broker Dealer Index (XBD) is powering to new heights.
Hooray for the investment bankers, minting cash in their Savile Row suits and Hermes ties. These natty boys have the world on a string...But they also have a tiger by the tail. At the same time that Goldman shines, so does the "barbarous relic" known as gold.
At 17-year highs, the atavistic yellow metal is within sprinting distance of $500, even as the investment bankers cash registers are ringing. Strange, that.
It is stranger still that gold would rise from the ashes at the very apex of worship for that august institution, the Federal Reserve. This past summer, graduate student Erin Crowe opened an informal gallery of 18 sketches and portraits she had done of the great man himself, Chairman Alan Greenspan. After CNBC picked up the story, the phone rang off the hook. All pieces were sold at prices ranging from $1,000-4,000. According to The Washington Post, several visitors to the gallery were "telling stories of how they adored the Fed chairman, how he had saved the world and made them millions."
Gold's ascent to 17-year highs would seem to signal that inflationary pressures are also on the rise. If so, we all know what comes next: Rising interest rates and market pain, which means hard times for the investment banks. But this time around, for this strange interlude, both are sharing an upward trajectory. One or the other - Goldman or gold - is due for a fall from grace. But which?
The investment banks have long been riding a wave of persistent - and deliberate - asset inflation. When excess liquidity is pumped into the system, those who truly
prosper are the ones best placed to dip their hands in the river. As the Greenspan cash sloshes and flows throughout the U.S. asset markets, savvy players divert the cash flows toward themselves...just like a farmer irrigating a field.
The investment bankers, masters of prestidigitation, divert cash from many different activities, usually in the name of "advising." They massage the cash and trade it and hedge it; whisper in the ear of corporations deluged by it; and profitably surf the growing swells of debt created by it. There's no business like flow business.
It's an establishment-sanctioned rip-off, of course. Aggressive asset inflation is portrayed as a good thing, all the more so with John and Jane Doe participating via manic housing appreciation. But the real estate pump is a Ponzi scheme, designed to sustain the unsustainable via lines of credit.
The government does its part by rewarding reckless borrowers (tax-advantaged home equity lines of credit [HELOCs]) even as it punishes modest savers (capital gains taxes, hidden erosion, paltry returns on interest).
Like a home electricity meter steadily ticking over, life grows more costly by the hour, if not the day. But as asset values are pumped up with abandon, inflation measures are kept "benign" by the damping effects of stagnating wages and the quirks of our government's inflation-measuring mechanisms. And as asset values continue inflating, the bankers "make the middle" with big smiles on their faces.
Yet while optimists swear the sky is still blue, an ominous buildup of offshore debt is the dark counterpart to this falsely created prosperity.
None of this paper happiness is free; the piper's payment is simply delayed and delayed and delayed some

[kittydashwood]

Interesting company came up during a search lately.

http://www.sulphco.com/
SUF:AMEX
What We Do
Our principal business is to develop and build proprietary technologies that upgrade “sour heavy” crude oils into “sweeter lighter” crudes.

[Sideshow Bob]

Presume that they will be doing a bit in Canada with the development of their sand oil fields??? Understand that this is very heavy crude that needs refining....

Oil sands production is predicted to grow dramatically over the coming years, and puts Canada oil reserves second only to Saudi Arabia! Only problem is production is much more difficult than conventional oil - but current prices make it more viable.

http://www.macleans.ca/topstories/bu..._107308_107308

[kittydashwood]

Strong Technicals for XSUNX made me look then I read more about the technology. A glaringly obvious and brilliant idea. Now can they make it work?


From the website
http://www.xsunx.com/

Key XsunX Milestones


1. In May of 2004, the Company produced working model samples of its semi-transparent photovoltaic glazing process that exceeded 4% electrical conversion efficiency rates. These working models established the basis for process and cell refinement that the Company believes may provide conversion efficiencies of 6% or greater.
2. The development of working models provided the foundation for commercial viability showing that the XsunX process may provide an almost 100% efficiency-to-cost gain that may, for the first time, provide return on investment or “ROI� ratios that make sense. This 100% gain in efficiency-to-cost is based on Company estimates of Power Glass™ solar cells operating at as much as 50%, or half, the efficiency of conventional opaque amorphous solar cells yet costing as little as 25%, or one fourth, to produce. Final cost to efficiency analysis will be determined upon completion of development.
3. In June 2004, the Company negotiated an at-cost cooperative venture with MVSystems, Inc., a Colorado based corporation that designs, builds, and delivers state-of-the-art manufacturing tools designed specifically for the thin film semiconductor market. MVS is equipped with both the technical staff and tools necessary for the development and commercialization of the XsunX glazing process. The terms of the working relationship provide XsunX with complete R&D facilities without mark-up for profit on the use of staff and equipment. This helped XsunX to avoid costly outlays of capital by eliminating the need to duplicate similar facilities.
4. In June 2004, the Company launched Phase Two of its R&D efforts under the guidance of Dr. Arun Madan as Chairman of the XsunX Scientific Advisory Board. This plan called for an approximate nine month R&D cycle that at its conclusion is anticipated to provide the Company with demonstrable products and the ability to begin licensing and sales efforts.
5. As of the end of July 2004, the Phase Two development plan had accomplished the successful development of large area manufacturing processes for each of the multiple layers that make up the XsunX solar cell design. This was a big step in moving towards a commercially viable process.
6. In September 2004, the Company entered into a royalty free agreement for the licensing of a portfolio of patents and technologies that cover a wide area of both solar cell structure, design and manufacturing processes. These intellectual properties were developed under the guidance of Dr. Arun Madan whose 30 plus year career in the solar industry began with the creation of the first amorphous solar cell in the early 1970’s.
7. On-going development is now underway to establish viable manufacturing techniques for increasing the active power producing ratios of the glazing to as near 100% as possible (i.e. the percentage of total area coated by the glazing that converts sunlight to usable electrical energy as compared to the total size or area of glass or other transparent substrates covered by the glazing).
8. In November 2004, the Company launched development efforts for the Power Glassâ„¢ process on thin films. This area of research and development represents significant commercial importance for the company. By combining the ability to manufacture semi-transparent solar cells on thin-film inexpensive plastics with the use of patented reel-to-reel cartridge manufacturing systems, the commercial viability gains are anticipated to be significant.

[kittydashwood]

Stop loss limits for my investments in America are set with the help of this page.
http://www.textism.com/bucket/fib.html

Bought more AOB and DESC.
Have been looking at BGC, will it gap up like WIRE ?
Seems like the TIDE has turned nearly time to open the bottom drawer.
SOLD CEE lovely short term mover.
Stopped out of ONNN[xx(] The patterns don't make sense I think I'll leave this stock alone.
What is Bush doing in Argentina?
Increasing tension with South America may see a sharp correction on some of the red hot etf's. Will continue to hold Chile and Mexican stocks but will scale down other South American ADRS.