Dentsply Int'l (8/19/07)
After this week of turmoil the market appears to have put in a bottom. The fed came in and lowered the discount rate .5 which is a big factor to give confidence to the market.
What we have to watch is the effects of this. Greenspan did this in 1987 after a 50% correction. He turned the market. Today it may be a little early. This could cause the dollar to weaken again after alittle time.
Now how many people suffered this past month?
What stocks survived without much pain?
One such stock was XRAY - Dentsply International.
This is a long term buy with a great internayional exposure.
I like it at $37.00 range or better.
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