My concern is that there will be zero public support to have the taxpayers again bail out the companies that were in trouble and remain problematic. I would not invest in domestic stocks, and especially those that cannot support or do not pay out dividends. If you still feel compelled to do so, however, I would look at some equities such as the high yield monthly dividend payers (see http://www.monthly-dividend-stocks.com) which will at least return some cash to you along the way down.
The above stated, watch foreign currencies and look to buy and store your own petroleum in your own gas station tanks.
In future posts here, there will be more to come on converting your station to bio diesel and solar plug-ins. After all, if the government will invest in these technologies why not you too?
Contributed by Peter Grimes on September 28, 2009
if you are concerned about gas prices going up. buy your own station and fill up the tanks.
hang on to your boots this morning at the market open. watch how the integrated oils react, chevron, exxon, bp. look to see if gold is a safe haven this morning. good luck!
financials, integrated oils and tech stocks look strong at the open, however it may be a great time to look again on to the downside. watch capital one (cof) visa (v) jp morgan (jpm) and wells fargo(wfc). if they dont hold their higher open, look out below! have fun!
the last few days in the market have been interesting. watch for the pullback to fill the “gap open” in the finanaicals and oils. markets historicall do not build on a weak top and we may be seeing that now. good luck have fun!
did someone say plastics?
bought barick gold (ABX) and exxon (XOM) today. once again watch for gaps at the open. financials, metals and oils have gapped up over the last several days.in over 20 years of investing history, it is rare that stocks do not come back to fill gaps in tradeing. whan this happens it will be an interesting day in the market, and be telling to what we will look like going forward. meanwhile look to purchase undervalued gas stations. have fun!
watch this morning how the market fills the gaps that were made in the financials, integrated oils and metals. this may be an interesting day…. and fun!