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March 2009



I picked a bad day to down thumb all the home builders!

March 17, 2009 – Comments (0)

 This morning I down thumbed all the home builders (before I read the morning news..).  Turns out to be a bad day for that, as there was a record rise in housing starts.  Which either indicates that things are getting better and home builders feel confident enough to start new projects due to cheap materials -or- that instead of taking a break from home building and letting inventories fall, the home builders are just taking advantage of cheap materials to build even more unnecessary homes.  If it is the latter, then the home builders will be shooting themselves in the foot.  There could also be the situation where some parts of the country will have too many houses and falling prices, but some parts of the country will have too few and need more builder activity.   [more]



Tell AIG how you feel about them giving out bonuses.. then tell your congressmen.

March 15, 2009 – Comments (7) | RELATED TICKERS: AIG , OMG.DL

 Hi everyone here at CAPS.  We all are trying to work to become better investors and share our ideas.  I think many of us question the US govt. bailouts given to the banks and AIG.  I think even more of us would agree that it makes no sense for this money to be used for bonuses, compensations, and fancy trips for some guys who think they are too important to find new jobs.     [more]



I think the market is still undervalued.

March 12, 2009 – Comments (5)

Until the major S&P stocks are trading at P/E ratios of 10, I think we are quite undervalued and have a ways to rise.  GE should trade at least over $15/share-20/share, MTW should trade $9-15/share, GLW should trade $15-20/share.  [more]

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