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Strategies & Market Trends : Strictly: Drilling II
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To: isopatch who wrote (2218)9/27/2001 9:11:05 PM
From: Stormin Norman  Read Replies (1) of 36161
 
One thing that I have been thinking about this economy is... what will bring it back? I reckon we have far less manufacturing than we use to and our economy seems to be far more service oriented than ever before.

I never liked the idea of NAFTA and GATT, not that I am really educated on their positive and negative aspects but, it seems to me, we have sent much of our industry across the border. I can hardly find fruit and even some vegetables that are not from another country sometimes.

That doesn't even include the nationwide increases in personal debt accumulated in recent years to fuel the economy and the wealth transfer that took place since the tech bubble burst.

Looks like it is going to be a long hard climb back from whatever bottom we end up at. A very long L but certainly not the V touted by my old broker, who says his firm called a bottom Tuesday. Sheesh.... seems like that is possibly leading sheep to the slaughter house. At first I thought it was laughable but in reality? It kind of makes me feel sick.

(I should know, I was led into the slaughter house, I recognized it was the slaughter house just before I was slaughtered)

Personally, I feel a bit bad being in gold, anticipating making a buck, because if I do, this time, it will mean that the misery index for our precious country will be going up. But I have to get some of the capital I lost via brokerage advice somehow. So I am with you all on the gold train.
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