aDECEMBER 18, 2008 (Dow 8605, down 219) - Bush's indecision regarding the auto bailout snd the potential ratings downgrade of GE's debt hurt the market today. Sharp moves down in oil contributed to fears of a deepening global recession. The chemicals are the biggest beneficiaries of lower oil prices. The newspaper stocks are toxic.
believe Obama will be the ethanol president - Master Limited Partnership (MLP) fertilizer play has been cut in half & now has a 12.75% dividend yield - is better positioned than Potash (POT), Mosiac (MOS) & Agrium (AGU) - is heavily exposed to corn that benefits from the ethanol mandate - has a higher quality fertilizer that is taking share - lower natural gas prices help margins - the ex-dividend date for the next distribution ($2.80/sh) is this Wednesday - would buy it on Tuesday
87.87
0.00%
11/04/08
next day close
110.08
+25.28%
11/21/08
like it for the yield - am reconsidering the fertilizer stocks now that they are down
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