It's been awhile...

Sorry folks for the lack of blog updates. I have been pretty darn busy. Lots of stuff going on. First and foremost is kuntz-kid #4. Yup, we have officially lost our mind and are having #4 in July. I assure you that this will be it!! We don't know the sex yet but will be finding out, hopefully in July. For now, we have seen the kid and he/she is looking fine so far. We are pretty excited.
Its been a challenge getting much done, as I have been busy with my side project, Tiger Cub Scout meetings, pinewood derby, firehouse tour, etc. Plus, I am trying to keep my wife happy and content when her taste in foods shifts with the wind. I have run out so far (late at night) to retrieve: milkshakes, carvel ice cream cakes, mushroom swiss burgers (which there are none sold in the area), sour cream and cheddar chips, lemon drops, starburst jelly beans, dunkin donuts, and who can remember what else.
We have had no word from our lovely neighbors about our lawn, so I guess I placated their anger and embarassment with my 8 hours of yardwork. They can go to %$#^ for all I care.
As for the market, well, I think we will look back and find that this is a real recession or a mini one. Either way is irrelevant, right? One thing is for certain: now may be a time to buy. But don't go all in. Certainly there is room for downside. I think the fed actions will temporarily fleeting and that one should consider upping their ante in the next couple of months. It will pay off down the line. That's if you can of course. One needs to be able to eat now. I still think you should jump at these opportunities should they arise:

• Monsanto (MON) under $100


• ExxonMobil (XOM) NOW. They will release earnings soon and it is going to be HUGE. Did I say huge? I meant MONUMENTUS! Some analysts think XOM makes $100 Million per $1 in oil prices. You do the math. They have a distinct shot at beating their own record. They also have a slick online investor program through Computershare that is pretty much fee-less and has automatic dividend reinvestment!


• Big Banks. Think JPMOrgan Chase (JPM), Bank of America (BAC), and possibly even Citi (C). They will recover in a major way due to the lowering of short-term fed funds rates.


• Southern Copper (PCU). Good dividend and copper has a solid future in chop manufacturing. Commodity prices as of late have really depressed the value of this stock.


• Diamond Offshore (DO). Big dividend, huge contracts for decades at a time, and oil shortage that won't soon abate translate into great earnings and solid growth.


• Gold. If you believe that we aren't even near the end of the recession, then there is some upside to gold. Perhaps $1000/oz? That's about a 10% jump from today. BEWARE: after the oil crisis in the early 80s gold went from $750 down to $250 in months. Don't lose your shirt. Pick an ETF for short term gains and then get out.


• Internet Initiatives of Japan (IIJI). They are a small cap company doing internet providing in Japan. Growth fro them is great because they are sponsored by govt. and because all the new game systems use online broadband. Plus, Japanese are fanatical about online and speed of online. They are severely depressed price-wise because of the crash of the asian market due to our own foolishness.


• Wamu (WM) is a play at $14-$15 because they will be bought here soon. Therefore, they're price will bounce with the announcement of an acquisition.

Well, that's enough for now. Let me know how you are all doing. Hope all is well.
Later,
-K

P.S. Check out these articles. Interesting reading:

iPhone: Mythical creature?

5 dumbest things on wall street this week This is a great article weekly to point out how our management are buffoons.