Back in the Saddle

I picked up additional shares of General Electric (GE) and some new shares of Transocean Ltd (RIG). I've been away from the blog arena as I have been in the process of selling my home and buying a new home. Best of luck to investors today.

Pure Value Play

I took advantage of this drop today by doubling-down on my investment within Proctor & Gamble (PG) at $51.76. They are trading just above their 52-week low, so I think this is a great entry point into a solid company.

In addition, I tried to make two other moves, but set my entry point too low. Those stocks were DryShips Inc (DRYS) and General Electric (GE). I missed getting into DRYS by 0.03, which was a bit frustrating because I would have had a nice little gain towards the end of the day. I guess we will see what the market will look like tomorrow after investors get a chance to digest the Senate version of the "Stimulus Plan" and the complete vagueness of Tim Geithner.

On a lighter note...has anyone else become completely immune or disgusted with the continued overuse of the term "Transparency?"

First Trades of 2009

In keeping with my belief in the industrials and metals/mining I purchased shares of CEMEX, S.A.B. de C.V. (CX), United States Steel Corp.(X), and General Electric Co.(GE).

This are my pure plays on the upcoming stimulus plan and infrastructure upgrade within the U.S., such as roads, bridges, buildings, etc. Each of these companies are well below their 52-week highs (shocking), but are also nice value plays with dividends attached.