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.
bridge collapse shows need for infrastructure spending - the infrastructure market is probably the strongest market on earth - a buy!
43.77
+134.66%
08/16/07
believe in it - construction of coal-fired plants is being hampered by lack of govt emissions regulations (reason stock dropped) - the story is good but people are nervous about coal
36.50
+95.71%
10/30/07
would buy it on the way down
59.43
+218.66%
11/12/07
had a bad qtr - respect downgrade
50.12
+168.74%
05/09/08
reports Mon after the close - North American coal fired projects have been slow - if the stock gets hit it could take down Foster Wheeler (FWLT) which is a great buying oppty for FWLT -
53.90
+189.01%
06/19/08
is top pick for cleaner coal technology - makes it a "new tech" industrial play - its advanced scrubbers are now 30% of its backlog - has $2.4B in unbooked bids mostly for scrubbers & emmision reduction systems - new boilers being developed could reduce CO2 emmisions by 12-15% - progress on cap & trade legislation could trigger a new cycle of replacing & retrofitting older coal buring utility plants - just started a joint venture in China to build the offshore drilling ships that are in short supply - has a current backlog of $5.3B - is one of the best buys out there
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