Michael J. Golde

No Signs of Economic Recovery in Sight

Thanks for the comment. Logic tells me that SKF and SRS should be good buys, but they have not responded well to all the negative financial/housing news. Then again, I think second quarter earnings are going to be questionable and gross margins will be down. So, a change in sentiment could occur at any moment if the government just stays out of the way and let the market correct itself.


On Jul 06 12:23 AM Grizzly-Redneck wrote:

> Great summation of the current state of affairs. Pretty much sums
> up everything I've been thinking the past couple of months. If we,
> the average investors can see this, why can't the Government see
> it? This won't be solved until we quit bailouts, quit deficit spending,
> quit adding new taxes in a time of Depression (cap-n-tax, health
> care). And that won't happen until we get a Government that is truly
> fiscally responsible and makes the hard, not popular choices. Well
> I guess it won't happen. Those inverse Bear ETFs are looking pretty
> good.