tag:blogger.com,1999:blog-2250387991720860996.post2047556016070750424..comments2023-05-15T07:54:01.876-07:00Comments on Bathos on Econ and Trading: How to Watch our Long Term Potential in GDP@ElpinorFollyhttp://www.blogger.com/profile/00158477037189661959noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2250387991720860996.post-18980273737257803012009-01-14T14:11:00.000-08:002009-01-14T14:11:00.000-08:00Good post. One group I have noticed is that action...Good post. One group I have noticed is that action in the key infrastructure names in the last 7 days. They just fell off a cliff and Siemens in particular. SI is a good name to watch as it is not just a proxy for US infra plans, but also Chinese. Perhaps their downbeat guidance for not only 2009 but 2010 was the cause. But everything else got hit pretty hard too: ABB, etc.<BR/><BR/>The market may be realizing that it's not easy to suddenly start spending huge sums of money on complex infra projects, which usually take a year or two of plans, testing, study.<BR/><BR/>Gwww.gregor.ushttps://www.blogger.com/profile/14172143997858920566noreply@blogger.com