Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (28919)	2/19/2003 3:12:48 AM
From: EL KABONG!!!	Respond to of 74559

energyplay, I don't follow the FTSE that closely. I'd guess that they have the same sector problems as in the USA. I'd steer well clear of tech, especially telecommunications. I know that biotech in Great Britain is as speculative as it is in the USA. And they have had some problems in health care stocks as well as pharmaceuticals. Oh, and I've read about insurance woes as well. That's all off the top of my head. On the flip side, banking might be worth a look-see. Manufacturing (non-tech) might also be worth researching. You might find a diamond-in-the-rough in retail as well. Generally speaking though, as long as the US dollar continues to decline against other currencies, it makes for a much more difficult earnings environment for foreign companies to perform well, especially those companies with exposure to the US dollar. Again, all in my opinion. The risks that used to be strictly in the USA are now somewhat global, and the rules of the ball game seem to be evolving rather than static. So, I'd be real careful on where to put money right now. My problem is that I seem to see extraordinary risks wherever I look these days... <g> KJC