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| It almost seems like
I could write about the weekly actions and volatility of the markets once, then use it over an over again. Up one
day, down the next day and back up the day after that. News on the banking front had quieted, mostly because everyone
is looking at GM, under $3 a share for the first time since 1943, wondering if it will join the ranks of the closed
American giants. We can bet that unemployment will continue to grow as more companies warn of impending layoffs
just down the road. We can't count on a new President yet, not until January, but we can bet the one leaving will
worsen the mess on the way out the door. Believe it or not! All this bad news has given investors the "Sale
of the Century". Truly, the baby has been thrown out with the bath water in many cases. The worst thing, we
as investors can do, is to avoid stocks right now. This may be the best buying opportunity of the rest of our lives.
It is hard to believe, that as a country, the USA will not learn from this experience. It's a stock-picker's
market, and it is tax selling season! We need to get off
our butts, dump the losers, buy the favorite's and get back into the game. Buy VALUE - PRODUCT - OPPORTUNITY!
Avoid most banking, real estate and auto stocks, even though at bargain
prices. Know one knows how long it will take this industry to stop falling. Stay with low priced stocks. It takes
less dollars to move them. Use caution, but "BUY" in this market! more |
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"Spotlight Featured Stocks"
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Exterra Energy Inc.
(EENR.OB)
(52 week range 0.016 - 1.50)
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Jet Gold Corp.
(JAU.V)
(52 week range 0.013 - 0.48)
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Electronic Sensors Technology
(ESNR.OB)
(52 week range 0.02 - 0.19)
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Advanced Micro Devices
(AMD)
(52 week range 2.65 - 13.80)
Trading near the low
BUY anything under $4.00
QUOTE
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Comtech Telecommunications
(CMTL)
(52 week range 33.21 - 58.00)
QUOTE
as a current "Closer
Look" for
the "long term"!
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TAX SELLING SEASON
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