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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (67103)8/8/2005 1:07:46 PM
From: shades  Read Replies (1) of 74559
 
One of my redneck friends from GA sent me this - he was the one big into the hemi engines when he was young.

War Overseas... Rising Interest Rates
Energy Crisis... Crumbling Dollar
Sounds a Bit Like 1973
If you owned stocks back in 1973, you know it was a struggle. If you weren't invested in 1973, let me assure you: It was a struggle. You survived because you were patient. Today, too many investors couldn't survive a repeat of that market — not with their portfolios stuffed full of overvalued growth stocks like google. How will you fare?

Now mighty general, in 1973 - was it time to buy gold or buy oil stocks or bonds or something else? Golds turn came 6 years later no? As goog proves, you can know the forest is about to be harvested, but to time when the tree cutters are coming with thier chainsaws is hard to predict.

stpetetimes.com

Now they are building roads in Florida, Bush gonna copy japan building out the roads eh? - over on the other florida coast - they are widening Highway US1 - one of the scientists complained about this - he got the BOOT - hehe. Brother Jeb didn't like this scientist talking about road building.

moneycentral.msn.com

Jagdish Bhagwati
Council on Foreign Relations
Professor

He will be talking to Kudlow tonight from 5=6 pm, this can be good or bad - this was Krugmans professor.
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