TSXV:NIR.H - Post by User
Comment by
Guinnessamaniacon Dec 29, 2003 3:20pm
58 Views
Post# 6824425
RE: Market/Depth & Humor
RE: Market/Depth & HumorWhen it applies to the stock market....Black Humor is usually closer to the truth than we like to think....Murphy's Law unfortunately usually applies and in this case the law states "if it can happen, it will"...fundementals or not.
Unless something is done to stabalize the US$, the construction sector is in for a nose dive and this will directly affect Napier sales. Bush may be the only US President to oversee a recession in his 2nd term Election year. My business is directly related to the US housing market and I am very nervous...the US is printing paper money as fast as it can and that is going to come home to roost sometime. China is buying 40% of US debt instruments at the moment and I doubt they will want to see the US$ continue to fall as the Bush administration tries to create US jobs by letting the $$ sink. Ask the people in the manufacturing states like Pennsylvania how Bush's job creation is helping them. Manufacturing jobs are still disappearing and that is the real measure of an economy's health
Napier has great products and I would love to buy in but I think they are going to have to do something spectacular to turn the ship around and they can't languish where they are for long. I don't have answers and it seems sort of anti-motherhood to not be on the bandwagon. I will buy Napier if I see a change in the wind is blowiing in the US. Iraq is a huge millstone on the US and events there may have a much greater effect than we even like to think about
I think the macro-economic situation may have a greater effect than Napier's own efforts...for the time being I will stick to gold but I wish Napier well and will try and jump on the bandwagon before it leaves the station.
Happy New Year to All....I really am an optimist at heart...hate being negative but reality stares us in the face. To go against it is to do so at your peril...I hope I am wrong.
GM