Comments about the financial markets, politics and other random thoughts of interest.

Saturday, December 09, 2006

Noble Ambitions



It was my goal to write several times a week when I started this page. Oh well?!? Here is another attempt to relauch my writing efforts! Thoughts will be a combination of politics, stock market analysis, stories of interest and life lessons.

My thought with today's post is to do a quick review of what I have gotten right and wrong in my prior posts! We will start with the most recent post and work my way backward in 2006.

*On May 6, 2006 I wrote that Medifast (MED) could be the next Nutri Systems (NTRI). Since then the stock has moved from $12.70 to $13.23. Correct. Seven months later and we will remove this idea as active especially given Jefferson's Torpedo Alert sees trouble ahead with cash flow.

*On May 5, we wrote no action in Iran by the United States until post election. Correct. Iran and the Middle East currently seem to be watching how Iraq shakes out before increasing their actions.

*On April 11th, we said time to sell this buy recommendation at $39 and the stock sold off to a low of #33.62. Schwing! It has now moved to $43.70. Correct.

Other posts that were written in 2005 and 2004 take a similar approach. One should write to throw out interesting ideas and seek to continue working on a communication skill that in the 21st Century is going by the wayside- the art of writing.

From time to time, we may also post pieces of commentary we write for www.21stcenturyalert.com and James DiGeorgia as well as for BFG Outlier Research with my boys George Brandon and Mike Foley. For now, Audere est facare!

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