Wednesday, June 01, 2005

Wal-Mart shareholder group demands compliance action - Retail - General

Wal-Mart shareholder group demands compliance action - Retail - General

Bad news or bad situations drive stocks down. Wal-Mart is under attack by folks who want to control what they do not own. The tough psychological climate has driven Wal-Mart to a discount to the market. Wal-Mart is a well run company. It would not have become the largest retailer without good management.

In keeping with our philosophy to buy what is "out of favor", we purchased shares in Wal-Mart today.

BUY THE BIG BULL!

Last year, any sign of lower interest rates sent gold up and the dollar down. Recent days have seen a huge rally in the bond market--lower rates; the dollar has rallied and gold is in decline. The FOMC does not need to tighten rates any more.

BULL MARKET AHEAD!

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