Archive for November, 2008

If dogs of the Dow are cats and dogs, what are utilities, burros?

Posted on Nov 28, 2008 by .

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Here briefly are some utilities which might be worth investigating.  They pay dividends and sell electricity.  Everybody needs electricity.  Technically the best thing that can be said of them is they are cheap.   FPL.  Florida Power and Light.     Duke Energy.  Might be a double bottom there. AEP.  American Electric Power.  Might be […]

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Stocks rally–Best winningest week on street since 1932 — Marketwatch

Posted on Nov 28, 2008 by .

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Did someone mention 1932?  Is that why a chill went through the room?  If it looks like 1932 we’re only in 1929, because there has only been one wave of panic selling as compared to the five waves of 1929-1932.  At the moment in the Dow –and broad market — we are in a rally. […]

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Everything including the kitchen sink

Posted on Nov 28, 2008 by .

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In general, or in PFC as we were saying, We are not stock handicappers.  As reason, note that never in history has an index done an Enron.  Betting on ETFs and indexes (indices) spreads the risk around.  Less profit.  Much less risk.  But in the spirit of Thanksgiving and the Christmas shopping season we thought […]

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Will General Motors become PFC Motors?

Posted on Nov 25, 2008 by .

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November 25 2008 In general (or in PFC –private first class) we don’t consider ourselves contrarians, except in the sense that we’re muleheaded and crumudgeonly and balk when anyone, especially the media try to chivvy us around.  We know that GM is deep do-do as George the 2nd has said.  Obviously anyone who would invest […]

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Gold stirs

Posted on Nov 21, 2008 by .

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Today the gold displayed a buy signal.  Readers will note from previous letters on gold that the stop we had set never got tripped, although they looked for it.  The buy signal and Basing Point are on the chart. Comments we made earlier about silver apply equally to gold — as to reasons for buying. […]

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