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Greg Pinelli » Comments » AFK

  • Market Predictions for 2009  [View article]
    Sean..I think your call on the credit market recovery in institutions in 2009 will be the call that sets up spark for a major resource recovery....There's NO doubt the makings are in place and the reserves are stacked to the sky...once the match is struck watch out....From that seminal event my take is...
    1. Buy USO (DBE is also worthy and gives some variety in product) and just hold it....this provides a solid base for oils about face...
    2. Get some Gold NOW!! Today!! The boomlet that's on the doorstep is fueled by money expansion and prospective credit explosions...ALL currencies will depreciate, though just not against each other.
    3. Look to pharmaceutical and large infrastructure companies (SGR...ABB...a CEF for pharma..maybe SWZ)...
    4. Nuclear energy will gain by default...coal is going to be reamed big time and there isn't enough nat gas supply for the longer run..electricity generation is THE hallmark of civilized society and renewables are more correct than plausible...URPTF..DNN...
    Happy New Yeart o all!!!
    Jan 01 11:16 am |Rating: +3 -1 |Link to Comment
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