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1daveinva (56.16)

July 2011



Update Number 1

July 29, 2011 – Comments (1) | RELATED TICKERS: IO , YUM

Long on YUM and have a limit order in to pick up some more (my limit order is way below market price ($50) so the market will really have to dive for me to increase my position).  Did buy GE and AA yesterday as well.  In hindsight, I could have waited until today but without knowing how/when Congress is going to act, it's very difficult to judge how the market is going to re-act.  [more]



Going Long On YUM

July 28, 2011 – Comments (1) | RELATED TICKERS: YUM , GE , PFE

Yesterday I started my first position in YUM.  I bought at 53, missing the low of the day, but that's because I wasn't paying a lot of attention to the fact that the market was tanking.  If the price pulls back again, I'll buy more (to complete my position of 100 shares).  I am particularly excited about YUM's growing market share in China; I realize that US sales were pretty low comparatively, but their China sales more than made up for that.  [more]



Cutting Government Spending

July 18, 2011 – Comments (12)

So, being a pro-military kind of guy, imagine my surprise when I hear that Congress is "considering" cutting military retirement benefits (among other military benefits).  I've got a suggestion that they should look into before they start cutting military about the Congressional Pension Plan?  A congressman can serve one term, and get a pension for the rest of their lives.  How is that?  I have to serve 20 years of active duty service (and do 8 six-month or more deployments so far) to "earn" my pension.  [more]

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