September 5, 2008, 5:42 pm | CDT
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SEPTEMBER 05, 2008 - The Fed will not raise rates after today's employment report that showed unemployment rising to 6.1% - there will be a call for them to lower rates now. Would continue buying recommended banks and brokers. The July 15 lows of banking and consumer stocks will hold - commodity stocks will go lower but think natural gas has bottomed. It may be getting time to buy the semis (SOX) that hit a five year low today. Oil has not bottomed yet.Recommended Stocks By Sector
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Company: EL PASO CORPORATI
Sector: Basic Materials
Industry: Oil & Gas Pipelines
Capitalization: 10,651 ($mm)
Added to portfolio: April 08, 2008 at $17.41
Current Price: 15.19
Performance: -12.75%
Overview
TickerPriceChangeVolume24h range52 Week RangeP/E RatioEPS
EP15.19-0.5113,064,57614.89 - 15.8414.83 - 22.4716.2+0.97
History of Comments
DateCommentPrice% Gain/Loss
04/08/08buying it for the Trust - cheap natural gas play17.410.00%
04/09/08next day close17.26-0.86%
04/22/08overlooked stock is a steal here - believe it will catch up to peers that that have  moved much higher (31%) this year - could split out the pipeline business to enhance value - costs are declining as gas prices go higher - think it could go to 22 easily - CEO is buying a lot of the stock17.78+2.13%
05/06/08bought emerging natural gas play for the Trust - had new find off the coast of brazil18.20+4.54%
06/18/08natural gas broke out today over $13mcf - the gas stocks go higher 21.24+22.00%
06/27/08way undervalued - triple buy! 20.95+20.33%
07/02/08cheapest of the big narural gas companies - buy it on any decline21.50+23.49%
07/09/08waiting fior a pullback before buying more 18.91+8.62%
09/05/08closing price15.19-12.75%
 
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Site Update - Sep. 04, 2008

Major Buy Reiterations/New Price Targets*:
HRB
Other Comments – Existing Recommendations:
BQI, DE, HMC, HWAY, UPS, USB, WFC, WPI
Sells:
UDRL, VCLK

NEW CALL - See Cramer's Calls for market, sector & IPO comments -

- See  MAJOR REITERATIONS page for recent strong buy reiterations & new Price Targets -

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