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Microcap & Penny Stocks : Rat dog micro-cap picks--now moderated
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To: Threshold who wrote (13)2/17/2004 12:31:06 PM
From: MSI  Read Replies (1) of 1338
 
Terrific article.

My imagination gets sketchy : "Imagine what the current relationship would look like if GDP collapsed 30% (as it did in the depression). "

Any thoughts on where to salvage value?

Even if we take for a moment the idea that structural/technological changes allow dramatically more responsive leverage on the upside, it doesn't necessarily eliminate the downside in a panic. And what a panic it would be if suddenly there's a collective "Wile E. Coyote" effect, with articles about debt levels in the good ol' days, like this one.
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