Wednesday, September 19, 2007

A GIFT FROM THE FED

We got a gift from Ben when the Fed Funds Rate was lowered to 4.75%

and the Discount Rate was lowered to 5.25%. Great news for the consumer. Today we

bought more shares of the following stocks. NILE, NVDA, LVS, WYNN, RIMM, AAPL, CROX,

BIDU, FSLR, CPSL, GRMN, JRJC, VMW.


So, we are all in as they say in poker. We use stop loss limits to protect our gains and to help

shield us from bad news or negative downturns that are unexpected.

Time to make hay while the sun shines. We think that the USA is going to experience

inflation on the rise in 2008 and investing in quality stocks and China boom stocks

is our answer to that inevitable situation. Home prices will be going lower in California

and this week they are advertising foreclosure auctions in the Bay Area on CNBC television.



Namaste'

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