Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (12769)	9/24/2003 11:03:51 AM
From: Bucky Katt	Read Replies (2) of 13094

Jim, you said the magic word, faith! In the cycle we are now in, Mr & Mrs America are keeping the consumer dream alive by the ability to borrow $250k against their home that is probably worth $125k in real money, and they can do it at the lowest rates in 45 years to boot! A brilliant Ponzi scheme! A Ponzi primer> home.nycap.rr.com In this "technical" age, manufacturing has no borders, and the overall low cost producer will win. We buy Chinese goods, and they buy our debt, and with their cheap goods, keep the wolf from the (our) door. For now. I do agree with our creative capacity, but we also have the most to lose, because we have so much already.

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