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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: HG who wrote (10600)7/24/2002 7:34:58 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 17639
 
i'm not really sure what policies you are referring to...

from a fundamental pov, i believe we are still in a situation of overcapacity relative to demand. it will take some time for that to wash out, either by consolidation (mergers or bankruptcies) OR pick up in demand.

we've been in an earnings recession so until the economy gears up enough to reverse that, i still see the potential for marking down of equity prices.