I noticed in the Honolulu Star-Bulletin this morning an article by David Kansas, author of The Wall Street Guide to the End of Wall Street as We Know It. He says the time has come to again invest in stocks, recommending four: Avon Products, Microsoft, General Electric and Boeing. Amazingly, three of those stocks were in the small list I purchased in November last year. He picked these stocks as the best safe values. You'll remember that I selected them because Microsoft was doing something about intelligent grids, General Electric invented the modern wind energy conversion device and is the national leader in the production of this option and Boeing at one time was interested in hydrogen aviation. Of course, the value of those stocks I bought in November has dropped 8%, so now might be the time cut my losses. Then again, maybe I'll wait until the Dow Jones Industrials crash to 7000.
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Cyclone Gael is now at 121 MPH, but will only skirt Madagascar and head south. There is a whole lot of rain in the area between, and including, La Reunion Island and Madagascar. It is the fourth largest island with 20 million people, half subsisting on $1/day, and is having other problems, too. Thirty people were killed near the presidential palace, as an attempt is being made to unseat President Marc Ravalomanana. Once mostly known for rare wildlife, eco-tourism and those cartoon movies, oil (at least 3 billion barrels, with first production speculated to be six times present consumption) was found three years ago, complicating the present and promising an interesting future for the country.
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