American Energy Production Inc(fka AENP)

[jsc52033]

John PE's were getting over bought. Markets look out 6 months min. Car Manuf. cutting back, with housing soft white goods soft so slow down in future earnings look probable.We can have a slow down but as long as in war not a big correction as government spending is carrying the economy and keeping labor near full employment. Big problem is the $ which is dropping. Off shore investors and some USA) see better ops in other countries and can capitalize on the currency as well .So they sell US$ securities and buy securities of other currencies. There was a trickel earlier this year now its a broken dam for them.In the 4th 1/4 I adde to my off shore holdings, but not China.