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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: mt_mike who wrote (16213)	4/3/2003 11:05:34 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

capex is the most hilarious concept booted around in press I find discussions absolutely laughable those discussing it would not have even known what it was just three years ago what the hell is "capex"??? now they heard capex cratered after autumn 2000 so these numbnut brainless puppets spout out expectations of revived capex after the war they dont realize that capex outlays are the most risky and largest commitments made by people who actually run businesses and live with their errors, CEO's nope, capex lags and follows final demand and demand is dead or dying these same morons speaking on TV overlook that our manufacturing capacity is being utilized at 75% now and that figure is dropping 1 in 4 plants lie idle, yet we will see capex revival? utter stupidity I know you know this, but let me rant in a few months, idiots will stand on some other false plank what will it be? TRICKLE DOWN DEFENSE SPENDING ??? BANKRUPTCIES ENABLE RENEWED CONSUMER SPENDING ??? FED-LED HELICOPTER DROPS OF $5000 PER HOUSEHOLD ??? before this is over, American stupidity will be the laughing stock in the industrialized world / JIM

To: mt_mike who wrote (16213)	4/3/2003 11:08:53 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

check the TEN yield chart out, Mikey finance.yahoo.com^TNX&d=c&t=1y&l=on&z=b&q=l is this a double bottom to you? ...(indicating higher rates coming) or a descending bearish triangle? ...(indicating lower rates coming) to me, this is really clear, a double bottom with upcoming higher longterm rates and higher mortgage rates but without a stronger economy to handle the rise it could be a Head & Shoulder reversal pattern a break above 4.2% would enleash the dogs to ravage the economy the target would be 4.2% + 0.6% = 4.8% the real estate sector will no longer support the stupidity of cashout REFI's to sustain the insanity of continued consumer spending a shiny silver dime for your thoughts of course, the dime token is only worth 3 cents / jim