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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: michael john stout who wrote (3588)7/13/2003 8:08:52 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Michael,
I do not concur with your analysis at all about the next 2 years going forward. I see a "jobless recovery" of pretty good magnitude, pretty similar to the early 90ies.. You could go to briefing.com and find that corporate profits are up nicely. Capacity utlitization need not be high to support nice growth - however it needs to be high to support increasing employment..

Debt levels ? Pls. refer me to the government statistics. In fact companies have been deleveraging by large amounts if the business press is to be believed.

An unlike you I have no problem going after OTC/BB stocks which appeal to me (look at CRVU or SPOP). It's funny how your and my perception of TODAY'S eCONOMIC world actually related to the same economic environment. This leads me to the conclusion that perhaps it's not the world outside but the bias inside our own two brains ("the context") that is leading us to our conclusions ??

And don't forget - I'm living in Austria (Europe) - here around growth is REALLY ANEMIC - largely due to political mismanagement of large parts of the eurozone..

all the best
CROSSY