A couple of weeks ago I decided to take a sabbatical from writing on this site. I could not take the negative news and falling markets and still try to write posts of a positive nature. Since then (March 11) things have turned pretty positive. The stock market bottomed (this time) two days before my last post and the Dow Jones Industrials have risen 1,100 points since then.
On the real estate front, sales have remained strong in the markets I watch: Sacramento and Las Vegas, but the median prices keep sliding. This report from Southern California is the first in many month where the median did not fall, month to month: Southland home sales off bottom. I have long said the housing market will recover rapidly once prices bottom. We shall see.
I have been doing a little more writing at my new blog; The Shipping Stocks Blog. It is an interesting sector and I enjoy the research. Check it out.
I make a personal trade buying Aircastle, Ltd. (AYR: 6.87 0.00 0.00%) at a little over $3.00 per share. They declared a dime dividend and this company mints cash. I am pleased so far.
I have several projects going on and they leave little time to write here. I have a significant number of email and RSS subscribers so I wanted to put a little bit of news up.
