I think what concerns me the most is that banks have been dumping their cash into the market that used to be held as a reserve against demands on checking accounts and such, that this money flow and the interest rate drop is why the bank stocks keep going up and up on no sales. there is no such thing as a "safe" investment except those inflation-adjusted bonds that nobody wants.
I agree about small caps, tho, I see a future where motorhomes and nursing homes and manufactured housing communities will flourish, packaged travel services will do great, where small pharmaceutical companies will get very big, and anybody selling retirement annuities will do great in spite of the market. my next-door neighbor is retired and spends all her money on Bingo gambling. that's her social life.
Lots of good investment opportunities if you think about it. if interest rates go up all bets are off, and small-caps will be crushed.
I'm inclined to think that little techs like ZRAN can slay TI in time or at least fill a niche, the next great frontier in computer technology is voice and sight recognition, and the reduction in high-end processing cost makes it affordable for the first time in history.
Britt, just remember that 98% of investors will never consider shorting a stock, in the 70's the great money was made by the folks who played the waves in both directions at the expense of the buy-and-hold crowd.
besides it takes a fat chunk of old-fashioned cash to short against, and most people don't have this. we could be at the beginning of the greatest shorting opportunity of the century |
