A few months back, when the Dow was down down significantly, one investment newsletter I get encouraged the readers to invest.  The newsletter thought the stock market had bottomed.  If I had invested at that moment  would have made a bunch of money as the stock market has increased over the last few months.  Yeah, I know.  And if my parents had invested in Coca Cola when I was born ... and if my Auntie had certain physical characteristics she'd be my Uncle, etc., etc., etc.

So, what about fasteners?  We know this economy isn't going to last forever.  And, if business picks up across several different sectors at the same time, where will the parts come from?  Everyone is reducing inventory.  Will we run out of product?  I have heard that some of the large, nationally known catalog houses have reduced their safety stock from six months to three months.  So, if their business picks up they would not only need to buy for current business needs but also for the rebuilding ot their safety stock.  Multiply that out by the number of end users and distributors and suppliers who all have depleted their inventory and things could get very interesting.   Wouldn't you just love to go out and buy containers of really inexpensive hex nuts or cap screws right now while they can be purchased inexpensively and just wait to sell them when the economy turns?  I don't know.  Might be a little risky.  But I do wish I'd had the money to buy up some more stocks a few months ago.  And the nerve to do it.