User 161034

Was That a Bottom? Let's Get Real

jjason,
sorry you felt that link from Yahoo was misleading - - - as an author, I have no control over what Yahoo chooses to do - - - and I don't think SeekingAlpha can control those links either.

The subject of the paragraph mentioning PWE was "Income-producing stocks" - - - and the lead symbol was PWE, which might have been a hint as to how we rate it.

It is our principle not to tout stocks which we hold for clients or for our own accounts. We did not believe just mentioning PWE as a lead to the paragraph was touting. The main point of that paragraph was to present some ideas for producing income in all this turbulence.

Sorry you felt mislead.

Was That a Bottom? Let's Get Real

Sorry for those typos:
Last bullet should read:
 Inflation (based on CPI) hit 5.02% in June. Looking back 10 years, the previous high was 4.69% in Sept, 2005. We might want to read these numbers cum grano salis, keeping in mind they are prepared by the very same government that has a vested interest in keeping it low - - - there is a direct and immediate impact on CPI-based payouts and the budget deficit.

and
last paragraph should read:
We do not foresee any change in the downward trend or in volatility until sometime in the 1st or 2nd quarter of 2009.