Ken, its a matter of keeping everything balanced. For example, an economy that's too hot will burn itself out. Zero unemployment result in increased wages, resulting in increased costs, etc and finally inflation, where the cost of goods and services outweigh the power to buy them. You do remember 18% interest rates?
Great call and perfect timing on ESST!!! I don't mind letting everyone in our side bet if you don't mind. Contest ends Sept. 1st. Prize is free drink but you have to be present at designated bar to claim it.
Anyone interested in joining contest, interest in the winning prize is not necessary to join, just pick one stock
based on sector strengh that you think will carry out through the summer. Ken's pick (ESST) is based on his belief that the semiconductors will continue to rule.
Everyone is invited to join in. Just post your pick, long or short, stock, option, warrant...anything goes. Funds ok too. Winner will be selected based on biggest percentage gain. Once a position is established, no changes. Good luck to all.
Sergio |
