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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (61570)12/17/2002 5:52:03 PM
From: Lizzie Tudor  Read Replies (1) of 94695
 
You made a mint if you sold -- they aren't going much higher, IMO. Enjoy -- there is absolutely no reason to expect that capital spending is going to be picking up any time soon. Running with the money can make you money -- nothing wrong with that, but thinking that cap ex is going to pick up any time soon is downright foolish, IMO.

Capex already IS picking up tippet. The problem is, is it picking up enough to make a difference.

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