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.
largest iron ore producer should be bought - also has copper & coal that will continue to see strong demand from China - is making a smart move not to pay up for Xstrata - think deal is dead & stock could go to 57 - is begging to be bought
34.18
+218.40%
03/19/08
would buy some below 30
31.05
+189.24%
04/03/08
strong Real helps earnings
35.95
+234.89%
04/09/08
is the #1 mineral company in the world
36.65
+241.41%
04/21/08
single cheapest metal stock in the world
39.25
+265.63%
06/09/08
the weakness is wrong - pull the trigger
36.82
+242.99%
07/02/08
stock is down because the Street is afraid they might overpay for a new acquisition - wait to see what happens