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On Friday, I was about to write that it appears the continuing bad news makes me want to just go sit in the sidelines and wait for better days. The housing down turn is turning into a 4 year odyssey of pain for homeowners. Gas prices are causing SUV owners to trade in for Vespas. The recession that has been forecast by many actually appears to be arriving.

Every time the stock market makes a modest gain, it gives it up and then some over the next few sessions. Stocks I believe are good values lose 50% of that value. Finally, the floods in Iowa strike close to home both personally and in reg

Headwaters Inc. (HW) is a company in the midst of a turnaround of its major business operations. The company has been hit by the double whammy of the housing construction slow down impacting the construction materials division (50% of sales) and the complete phase out of Section 45K alternative energy business (coal to syngas). The syngas business was propped up by the tax credits which are now gone, but a couple of years ago provided about 40% of Headwaters' profits.<!--more-->

To get thebusiness back on a profitable track, management is taking itstechnology from the syn-gas business into