When to buy (3/4/07)
The economy has now been pronounced by the Guru Warren Buffet that we are iin a recession.
Really the economy has been in a recession since August.
The gov't statistics don't show that until now. Data is always a sum of history.
The fed has been working hard to keep this recession from getting bad. It has been pumping money into the system to take care of the credit problems and lowering interest rates to stimulate investments. This is still all causing inflation except in the housing sector.
I said before don't buy until March. Well now is the time to look into buying selected picks as the market goes south.
Wait for the correction to run its course then buy.
Hold onto your metal stocks at least until April.
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