because I'm coining money today......
gold and gold minors will fail in then next few days..... at one point people are going to have to cut losses.
Safety Stocks-
consumer non-cyclical
How about some Beer chicken and Grain for your recession....
PMID Pyramid Breweries P/E 84.13-Beer
Molson Coors-TAP p/e 18.61-beer
general mills-gis pe 20.15-Grains
b&G foods. BGS P/E 26.33- Grains
tyson foods-TSN P/E 37.17- Chicken
Physicians Formula Holdings inc. -FACE Generic cosmetics via wallmart and target
Health care
ARTL The Aristotle Corporation with a P/E 13.37 Educational Bio med equipment
AMS American Shared Hospital Services P/E 17.51 Gama Knife services.....
Gold
I'd stay out of this shit...... let the market crash then come into gold....
The Gold miners index. should trade at 2x the gold. so the miners are lagging today... this shows weakness....
Utilities...
Utilities are for old people.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, September 7, 2007
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