Commentary for March 2, 2009

Monday, March 2nd, 2009

« Plummeting Interest Rates Cause Investors to Consider Alternatives Commentary for March 6, 2009 »

Good Morning!

Stocks look to open below the 7,000 mark as investors are continuing a “NO CONFIDENCE” vote regarding the plans by the current administration to stem the crisis in the financial services industry as well as revive the economy. We certainly do not pin any of the blame for the economic mess on the Obama Administration, but do believe that this same administration has done very little to increase confidence by investors. We continue to use wide windows to add to securities and appreciate the patience of our clients during these trying times. We will once again recommend that should you have any questions or concerns, please don’t hesitate to contact us at 279-1044.

Dennis Fagan
Chris Fagan

This entry was posted on Monday, March 2nd, 2009 at 8:00 am and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

« Plummeting Interest Rates Cause Investors to Consider Alternatives Commentary for March 6, 2009 »

Please note that all data is for general information purposes only and not meant as specific recommendations. The opinions of the authors are not a recommendation to buy or sell the stock, bond market or any security contained therein. Securities contain risks and fluctuations in principal will occur. Research any investment thoroughly prior to committing money or consult with your financial advisor. Please note that Fagan Associates, Inc or related persons buy or sell for itself securities that it also recommends to clients. Consult with your financial advisor prior to making any changes to your portfolio.

Entries (RSS) and Comments (RSS).

©2009 Fagan Associates, Inc. All rights reserved.

The Independent Financial Voice of New York's Capital Region

767 Hoosick Road, Troy, NY 12180 · 518-279-1044 · 1-800-273-6026
©2009 Fagan Associates, Inc. All rights reserved. Disclaimer & Copyright