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Penny Stock DD

More News on the week ahead

September 25, 2010

The economy will push the market
Could the rally be derailed? Indeed it can, as MSN Money columnist Jim Jubak explained on Friday. He’s worried about financial stocks, which have lagged the market for September and the third quarter.

But the coming week may not provide the trigger because the economic reports may not be so bad. Here’s what’s coming up:

S&P/Case-Shiller Home Price Index, due Tuesday. This measures home-price trends in 20 markets. Nomura Securities sees prices rising 2.5%, despite continued weakness in sales. But don’t look for gains in the months ahead.

(Read the Rest of the Article…)

Regards,

Don

In a big week for the economy, reports are due on home prices, economic growth, manufacturing and auto sales. Apple may top $300; look for gold to close above $1,300.

Posted by Charley Blaine on Friday, September 24, 2010 8:24 PM

Charley BlaineA big question for the stock market this past week was whether it could survive daily blasts of gloomy news about housing.

Mostly, the market did survive splendidly, and the week ahead may give investors some more cheer. “May” is the word to think about because there are still many people who believe stocks have become overbought. (Read the Rest of the Article…)

Regards,

Don

Just a Note to new visitors

September 25, 2010

I am sure that many of you are just becoming familiar with our site and both Curt , my partner and I sincerely welcome you for the first time. Just to help you navigate the site, there are many stories and postings you may have missed since last night at midnight when i have several postings which may have gotten buried by postings by myself on Page one. Please go back and look at all postings since midnight Friday .There are some very interesting postings on stocks and other Market relevant material. I work around the clock and many of the items to help you prepare you for Monday, I am willing  to bet, that many of you have not even seen yet. We are always available to respond to you. All it takes is an email to myself or Curt. Just go to the home page and use the Contact Tab to reach us. Every email is answered either by Curt or myself. We are not like most sites, where  you are just a number. Curt and i try our Best to give you the best possible service and will strive to do the Best we can. Should you have a  comment or want to criticize , we take it  as just wanting to serve you better and meet your needs. As always, you are number one to us.

Sincerely

Curt and Don

Regards,

Don

Martin Mittelstaedt

From Saturday’s Globe and Mail
Published Friday, Sep. 24, 2010 7:07PM EDT
Last updated Friday, Sep. 24, 2010 8:32PM EDT

Gold has risen every year since 2000, making it one of the longest bull markets going. For gold fans, that’s a reason to expect more gains ahead. For dispassionate observers, it’s a warning signal.

The reasons to buy gold are many: The mighty U.S. dollar is slumping, investor demand is soaring, and the metal offers an alternative to stocks and other asset classes gyrating amid a shaky economic outlook.

As gold’s investor base grows, its price is setting records. Gold broke through the $1,300 (U.S.) an ounce level for the first time on Friday before settling a shade below. It has surged more than 30 per cent over the past year.

(Read the Rest of the Article…)

Regards,

Don

Sat Sep 25, 11:48 AM

STOCKHOLM (Reuters) – Mobile network equipment maker Ericsson said on Saturday it had agreed to buy the multi-service switch (MSS) business of Canadian group Nortel, which is under bankruptcy protection, for $65 million.

Ericsson said in a statement that the MSS business offered the sale and support of data networks and switching platforms for core networks within the recently acquired wireless and carrier voice divisions.

It said the cash purchase price of $65 million was on a debt free basis, subject to adjustments. The transaction is subject to court approval and regulatory approvals.

(Read the Rest of the Article…)

Regards,

Don

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