tag:blogger.com,1999:blog-2335748440449035592.post7357878119065371108..comments2008-07-09T12:34:55.307-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2335748440449035592.post-31376594428107367102008-07-09T12:34:00.000-04:002008-07-09T12:34:00.000-04:00Yep<BR/>Natural Resources are one of the few things these CEOs cannot offshore<BR/><BR/>So we still have agricultural products and coal<BR/><BR/>Its our new age service economy baby. Just imagine if we still had our steel industry. We are now in the process of decimating and offshorting the remains of the domestic auto industry. And in about 7-10 years when the Chindia car population booms we'll be on the outside looking in there too, wondering why we let the industry go to pot. It will be an exact repeat of steel. <BR/><BR/>After all we are going to focus on services - we have 80% of the worlds lawyers, our healthcare costs will be $1 of every $4 of GDP soon, and we'll build houses for each other and a Walmart, 7-11, and CVS on every corner.<BR/><BR/>Thats the new age service economy where you don't actually make things (except houses)TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-6326050990702153692008-07-09T12:26:00.000-04:002008-07-09T12:26:00.000-04:00"More U.S. coal is moving to Asia...."<BR/><BR/>Oh! We're exporting something! Bye bye trade deficit....DJhttp://www.blogger.com/profile/17281740889172038657noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-53255730216543308652008-07-09T10:50:00.000-04:002008-07-09T10:50:00.000-04:00TM:<BR/><BR/>I saw that headline too and laughed. What must be confusing to most is how CNBC or Market Watch primarily plays to the retail crowd of investors but they (the media outlets) are so willing to throw in the towel based upon 2 days of action. We have had a huge 1 year run in oil and commodities and by most accounts this probably started back in 2000 for oil yet after 2 days of poor action, they are ready to throw in the towel.Guyhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-69219777962951855332008-07-09T10:08:00.000-04:002008-07-09T10:08:00.000-04:00I've owned WLT for awhile and have been buying a little more here and there on the recent big dips. I like the coal play and I've heard their management is top notch.Michaelhttp://www.blogger.com/profile/14603027333434481007noreply@blogger.com