You are sounding quite alarmist, rather like i would expect to hear when reaching the later part of a strong correction. With all due respect to you and the thread, I disagree that the end (of the world) is near. Fundamentals are good and the underlying strength of our economy, domestically, will carry us through.
May I suggest reading the book "The Roaring 2000's" by Harry S. Dent for a different perspective on both the USA's economic prospects, as well as Japan's? Perhaps you already have, and disagree with the premises Dent lays out therein?
I gather he would be a buyer of WCII and other progressive telecom stocks now.
Long WCII, WCOM, AOL, QWST, PCMS, SUNW, QCOM, LOR, GSTRF, AIG and a few others. This weeks downdraft and the steady decline from mid july highs is uncomfortable. My dilemma now is to decide which of these to buy when the correction is apparently over. WCII is currently my first choice. Any opinions out there? |
