Monday, June 28, 2010

VERY Concerned

The G-20 meeting sure smacks of the times before the darkest days of the Hoover Administration when The US became protectionist. Now it seems that it is everyone else in the world that wants to pull back of stimulus. At this point I would only buy the most conservative and highest paying stable companies I could find. Utilities like Southern Company and Dominion Resources ae about as good as they come. I have moved into the bearish camp and would keep most of your powder dry until we see clear signs of economic expansion.

Be Safe

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