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NIA Update Number Two
May 4th, 2009
The latest NavyCS Industrial average (NIA) is 3035.35, a 36.9% gain since the starting date of March 9, 2009.
The NIA because we, Bonnie and I, think each one of us should have a plan for distributing a portion of our funds to charities. Remember, a downturn in the economy does not equal a downturn in the need for charities support!
Before the opening bell this morning I have about 30% of the NIA in cash waiting on another pull back in the market. The current stocks include; BP Inc (BP:NYSE), General Electric (GE:NYSE), Synovus Financial Corp (SNV:NYSE) and Intel Corp (INTC:NASDAQ).
Some great news concerning Soldier’s Angels – they are now a part of CFC!
Soldiers’ Angels is now part of the Combined Federal Campaign Fund
CFC #:25131
Web Site: www.soldiersangels.org
Public Phone:615 676-0239
Statement: To provide meaningful services and support to deployed military personnel, veterans and military families through a grass-roots volunteer network, thus ensuring no soldier feels forgotten.
Federation: Military, Veterans & Patriotic Service Organizations of America
H/T Boston Maggie
Thanksgiving Day will be each year’s payout date. No matter which way the stocks go we pledge a minimum of $100 or 10% of the NIA cash gain (to include dividends), which ever is greater, in the name of the Navy Blogosphere.
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Current stocks are (RF:NYSE) and (DRYS:NASDAQ) with ~60% cash position. Hoping for another pull back :)