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.
right stock to buy in this environment after recent drop
59.73
+89.80%
04/07/08
don't sell after recent run
70.71
+124.69%
05/02/08
largest producer of iron ore reports Monday pm - is considered a takeover candidate - if it goes up after the report it will confirm that money will continue to flow into the industrials
78.80
+150.38%
05/21/08
want to buy it in the low 80's - had big run
92.99
+195.49%
06/19/08
don't like to recommend stocks that have doubled - be cautious
105.86
+236.38%
08/13/08
paid too much for its coal acquisition - can't own it