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From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Sun, 7 Oct 2001 10:33:13 +1300 |
Thank you, Peter!
That lucid account warrants a print!
I take it to mean that there could be better
pickings for the TA / trading people than for the long term
investor!!
The stockpicker will also have to be very
careful!
Solid and well chosen types of infrastructure
companies will reign! These will be in control of price setting- or at least
will be able to greatly influence it!
It is just as well that interest rates are
still trending down, internationally. If these are low enough, then,
at some stage cash will go back into the equity markets.
To some extent, this is happening now but will it
be a false start? Will there be deeper lows to come?
If the US will be running big deficits, what
then?
One would hope that at that time, the
economy will be more robust!
It is just as well that there is a massive amount
of cash becoming available every day from super contributions in the US and
other countries!
What do other contributors think?
Gerry
(Could'nt find the key '&' for S&P; gosh,
that wine was strong! Might as well let the thread run as is)
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