I’m not sure what to make of the headlines these days. Though to be perfectly frank it seems to me like we’re watching a redux of the March 17 bailout of (BSC: 0.00 N/A).
What seems different is watching the serious corrections in commodities in the markets where commodities like Oil, Corn, Natural Gas, and Rice [...]

I happened across this in my morning read over at ReportonBusiness, and thought I would return to my roots as a summarizer for iBC readership.
This morning’s article Credit Crisis: Smells like Norway in 1990 lays it out thusly:
The average rate on a 30-year mortgage in the U.S. was about 6.2 per cent last week. Inflation [...]

After the localised confusion in some corners about my last post I have opted for a separate strategy in regards to my equity screener report. Instead of reporting what I feel is the best purchase price I will give the best price range near the closing price.
This will prevent any accusations of using ahgregious figurings.
Anyways [...]

First Off: A Review
A week ago I started presenting penny stock picks as something of an algorithm check. I noted that I was testing certain ideas and here is a week’s result:

Date Recommended
Equity
Price Recommended
June 8 Price
Gain/Loss

07/01/08
MAIL
2.9
3.4
17.24%

07/01/08
GLRP
1.2
1.6
33.33%

07/01/08
NGSX
3.2
2.6
-18.75%

07/02/08
GNB
3.6
4.93
36.94%

07/02/08
SRLS
4.9
4.91
0.20%

07/02/08
CHQ
6.5
6.15
-5.38%

Average Gain/Loss
10.60%

Some did well, notably (GLRP: 1.35 -6.90%) and (GNB: 4.60 -2.13%), it should be noted that the run (SRLS: [...]

If you buy Danny’s indicators (including the fabled ibc time machine) yet, you have had your mustache punched off several times too many this year - I once again provide a list of basement bin bargins for your perusal.
As always do your own freakin’ homework before buying or selling equities based on suggestions from random [...]