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.
Swiss power engineering & automation tech co may be the single best pure play on infrastructure around the world - don't have to worry about Bernanke raising rates - end markets in a wild bull market - had better than expected qtr - Chinese business incredibly strong - has tons of cash - looking for acquisitions - either they buy something or will return cash to the stockholders - has doubled but is still uunderestimated by the Street
24.39
+211.49%
11/29/07
am a buyer
28.67
+266.16%
02/29/08
not worried that the CEO quit - great infrastructure play
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