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Strategies & Market Trends : Buffettology
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To: Crocodile who wrote (704)12/21/1998 12:41:00 PM
From: Fredman  Read Replies (1) of 4691
 
I was going to say: when you have Farmers GIVING away Hogs because they cannot afford to sell them at today's prices, we have a problem. I guess the American Farmer is guilty of being TOO productive.... I wouldn't buy Deere or CAT because when the economy takes a turn for the worse, and it will, a lot of farm equipment loans will be defaulting....... and new construction will slow quite a bit (CAT).
'They say' Bio-techs are all the rage these days.....
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