Wednesday, January 28, 2009

Future Stock Picks


Many people want future stock picks. Well, I still think that the stock market is not a good place to be. True, short term it might go up a bit, but the fundamentals are real bad.

For example, State Farm insurance is pulling the plug on Florida. They are afraid, and should be, of hurricanes. This means that banks do not want to lend, and insurance companies do not want to write new policies. It means things are worse than ever.

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