Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Derek DeVries who wrote (968)	11/26/2000 7:00:49 PM
From: TobagoJack	Read Replies (2) of 74559

Hi Derek, I know you, as I saw you on TV. You should have gotten an e-mail via magicaldesk already. Given the issues in the Middle East, I am unwilling to take a position in anything other than US$, platinum and gold, as the temporary fix to imploding US currency and reversal of capital flow is a war. So, I hold on and wait for some thing to blowup, then move to those then unloved US/European/Asian equities trading at 5-10 multiple of core cash flow, and bonds at double digit yields to maturity. There is never a hurry to lose money.

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