Dividend Plays

[xxrayeyes]

Possibly. I still think the war is going well but I guess the weekends events were a suprise to most. I am suprised by the fact that the casualties were this long in coming. I don't feel that the timeline has been delayed and the war is most likely proceeding in line with DOD expectations if not ahead of expectations. I would look at downside pressure as a buying opportunity, but I would wait for another day or two to see how violently the market will react. I guess the market was hoping the war was almost over already. Until we get started in Baghdad, it is difficult to say how stiff the resistance will be or how much longer it will take to take Baghdad. This is shaping up to be a seige so it will most likey take several weeks. We seem to be looking to surround the city and wait for the Iraqi Army's supplies to run out while at the same time hitting targets of opportunity. That is what I think is going to happen and it will take some time for food, water, and ammunition to run out. So my thought is that buying dips in individual stock would be prudent but one needs to be careful and let the downside pressure fully show itself. There will be time to purchase at a discount over the next week or two at least and perhaps longer so your trigger finger shouldn't be too itchy.