Showing posts with label edison. Show all posts
Showing posts with label edison. Show all posts

Thursday, May 8, 2008

EIX (Edison) on Buffet watch

Looks like Warren Buffett may follow me again. The last time he did this was on TTWO and that did really well for me (and him).

5 Stocks on Buffett Watch

Speaking of EIX, I do have one more purchase to make and I was considering making it today since it did go up (finally). I went to make the purchase and it looks like the USG purchase took most of the cash reserves and I'm now fully invested. I'll have to sell something to buy something and currently I'm happy with all the positions. Looks like I'm on the wait and see for a while (hopefully).

Tuesday, May 6, 2008

Another EIX (Edison) purchase

I added another 1% (of my account) purchase of EIX/Edison. This puts me at 3% and I'm trying to get to 4%. It has been falling since my first purchase and I'm going to make the last 1% purchase when it has an up day. Earnings are announced on Thursday and we'll see what happens then. It isn't looking good, but I'm holding this to fight inflation and I think this is a long term holding.

Friday, May 2, 2008

EIX (Edison) purchase

I'm missing my GLD (Gold) and SLV (Silver) hedges against inflation. I did some digging and found that big caps are good and I've been buying those lateley, but I also learned that utilities are good since they also just raise prices with inflation. So I made a 1.9% of my account purchase in EIX (Edison) at 53.09. I almost made it a 4% purchase, but I'm going to split it into two purchases so you'll probably see another buy next week.

My account did a nice uptick yesterday thanks to DRIV, SNE and ATVI. I don't expect it to hold, but it is nice to see positive days.