Monday, March 16, 2009

Week of March 16

It's a busy week. Tomorrow I'm serving as the interlocutor for an event with former Secretary of State, Warren Christopher. Wednesday, my television show, Money Confidential, is airing. Thursday, I'm speaking to a chamber of commerce in South Los Angeles.

In regards to investing, today the market was up about 2%. It closed negative 1/10%. Gyrations like that are bad.

I looked at a company today named Horsehead (ZINC). It's a zinc smelter that has a huge amount of cash on its balance sheet. I think it will get sold off and am not in a hurry to buy at the present time.

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