Pop on EIA storage data below expectations? http://www.futuresmag.com/2012/08/0...medium=eNL&utm_campaign=FUT_eNL&_LID=84513231
Hey everybody nice to see this thread still going strong. I'm opening a roth IRA and am putting together a long term investment strategy. My idea right now is to put together a group of long term winners from the dividend aristocrat type lists and buy on failed A downs, with an aim to sell on failed quarter or year A ups. Everything I buy would be something I would happily hold for a lifetime unless something fundamentally changes in the company. Thoughts? For a retirement account for a busy working person you guys think I should take this approach or just buy and hold and call it good?
Hey Bagger, welcome back! How is life treating you? I think if I was going to put together a long term strategy, I would actually look for yearly A ups to get long and hold as long as they stayed above the yearly A ups. If you wanted to dial it down a time frame, you could rotate every QTR and just stay long the QTR A ups. I can dig up some charts for you.