Will 2009 Bring Ring Three of the Financial Circus? [View article]
After looking at all the arrows in the financial quiver I could not find any one of them pointing up. It seems to me the only action available is to stick one through the quiver sideways. The stock brokers will be taking their best shots. That is their job so they need to recommend something. Look for their selections to be companies paying relatively good dividends and having a stable balance sheet. Lowering dividends in this declining market amounts to capitulation. In the land of the blind a one-eyed broker is king. . James E Gambrell
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After looking at all the arrows in the financial quiver I could not find any one of them pointing up. It seems to me the only action available is to stick one through the quiver sideways. The stock brokers will be taking their best shots. That is their job so they need to recommend something. Look for their selections to be companies paying relatively good dividends and having a stable balance sheet. Lowering dividends in this declining market amounts to capitulation.
Jan 04 16:15 pm
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All Comments by James G »Will 2009 Bring Ring Three of the Financial Circus? [View article]
In the land of the blind a one-eyed broker is king.
. James E Gambrell