Commentary for March 2, 2009
Monday, March 2nd, 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
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You should not assume that investments in the securities identified
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