Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 30.81

-14.3%

Nov 20 4:00 PM EST

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To: da_cheif™ who wrote (36593)	12/8/2008 1:25:40 AM
From: catflu2™	Read Replies (1) of 206958

seems more like grasping at straws to me but wdfdik? its funny to hear a politician in the federal government talk about efficiency in an industry....on one hand then about sweeping gov't programs to "create" jobs. It takes 1/100th the number of people to build a road as it it did in 1950. My buddy is an engineer for a company that makes heaters for concrete and road building.He thinks its a great idea but as far as the number of jobs they can invent...questionable. Its just payolla for the you-know-who in chicago. Giving the auto company loans based on a plan to presented by executives out of one side of the mouth- then demanding their removal. Insane, Its killing the messenger no? Hospitals. I don't have a take on that one but the one doctor i know sez they are in bad shape financially most of em and it is not an infrastructure problem. Nope.cheap oil and lower taxes. Thats a trillion a year. Then regulate and revise the credit rating system. In a leveraged economy if you remove ten percent of producing individuals that is about all it takes to blow the hydrogen filled dirigible.which is what is unfolding. 15 percent tax on economy doing 17 trillion would be better than 40 percent at 5...multiplied by five years.auto sales are down 40 percent....so is the gdp at retail. except for wal-mart but all that money is going to china. I don't think any of that has anything to do with the stock market. maybe it all is just a cycle but my gut feeling is that there are structural impediments in the system that are dinosaurs from the past.

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