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5/8/2008 As we have recommended, CASH is still in need although there are starting to be bargains out there. I am onboard with General Electric-GE at $31 and lower. They are well positoned to take advantage of the overseas buildout. There wind tubine division will produce well along with water purification. Sasol is another play for the long term (over 12 month hold) they are leaders in the clean coal movement. I continue to like General Motors-GM below $20. I believe the Chevy Volt will be in high demand when it comes out. High gas prices will force buyers to switch to Hybrids and they are leading the industry with SUV hybrids. The media is finally realizing the tentacles of the credit crisis as well as many TV pundits. Now you are seeing the crisis spread because banks are more strict at lending. The inflationary pressures of oil, gas, and other commodities on transportation and grocerys is the next leg of this downward spiral we are facing. I put caution to those that want to jump in with both feet. Now is the time to be nimble. Make your quick $100-$200 per trade and sit for the pullback. Wal-Mart I believe is still a must own although it may get pulled down with market pressures. I caution buying all at once. Accumulate at the pullbacks with the names mentioned above. Major spec play HydroGen-HYDG. Remember to take out initial investment and let the rest ride. By doing this, you preserve YOUR money while letting Wall Street's work for YOU!
