LMT will go UP
$150.00 on 9/26/08
$76.10 (-31.48% from time of market call)
Forget who you think will be elected president. If you want to hedge the possible "economic apolocypse" (not my words) what will come because of it?
Out of economic unrest comes geo-political unrest. The best bet on a global slowdown is war. What is going to happen if Russia, the UAE, or China starts to see a total collapse? We could be looking at the catalyst for world war 3.
If you read the news, Russia is already conducting "Naval Excersizes" with Venezuaela, and Cuba. We have Russian naval warships right off our coast.
Who would benefit from this? Lockheed Martin, Boeing, Honeywell and United Tech.
I am not fear or war mongering. I believe the way to accomplish world peace is through global free markets. But until their is liquidity, there is no market. That is why I have invested in the aerospace sector. I don't want this, and neither do you. But We are investors, and we make profit out of the grips of hardship, and this is the way to go for the forseeable future