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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Petrol who wrote (178676)7/10/2002 6:11:12 PM
From: John   of 436258
 
Petrol,

I wish I knew, hon. I'm considering sticking my head between my legs and kissing my sweet ass goodbye. -g-

Seriously, I think consumables mixed with precious metals that are physically in your possession.

I think it will be a lot different from the last great depression though, and I really don't think we are going to see a panic laced sell off. I think people'll just wake up one day and realize that the Dow has somehow fallen below 5000, and the NASDAQ has somehow fallen to below 500 along with the S&P 500. Maybe a lot lower, as many portend.

On the other hand, we could just languish for a decade very near these levels, as money is slowly squeezed out of leveraged positions on both sides.

The stock market seems to be like a small life raft with millions clamoring to hang on. A lot will have to perish financially (and maybe a few literally, and by their own hands) for it to remain afloat. Shrug...

No one knows for sure about any of this, obviously. It is essentially gambling.

Best Hopes For You...
John
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