Steve,
But if the asia tiger slows down purchases, what will that do to our productivity? Anyways, how are we going to increase productivity from this point? Computers? Service sector seems to be a hot area for the years to come. I believe demographics play a big roll in the years to come. Aging population they talk about all the time. Retirement is foremost in alot of minds today. Basically eliminating capital gains on houses is shooting life into the vacation and or retirement areas by providing incentive to make that retirement home purchase. (I have one, not a condo, single family house) Property there is starting to rise in price and alot of interest in vacant lots. As far as stocks, OMX "fingers crossed" if they get there act together. Oil in the longterm, would like to see them take a hit, first. Stocks are nothing more than letters to me. I have no interest in falling in love with a name. Today buy xyz, if it goes up enough, (or the story changes) sell XYZ. I did buy CPQ for longterm unless story changes. One of my favorites and Morgan Stanleys in biotech is AGPH. Adolescent right now, but if it makes it. Paid 91 back in March (pre-split) rode it down and its back. I've always like the term ponzi scheme someone said on thread about market.
Good Luck
Ken |
