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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: lurqer who wrote (40105)3/8/2001 9:34:21 PM
From: Mike Buckley  Read Replies (3) of 54805
 
lurqer,

Great post! Aside from the fact that nothing is off-topic in this folder except rudeness, I believe your ideas are especially on-topic. I'm happy to discuss them with you so long as it doesn't take too much time. However, I'll know the discussion is especially worthwhile if many others join us.

Since you mentioned the '29 debacle and the lengthy time it took for the economy and stocks to recover, I should also mention that I don't think any current-day comparisons with that period are viable. Similarly, I don't think comparisons with Japan's hapless stock market have any merit. In both examples, things are very different from 1929 and very different from Japan's economic boom-and-bust-based infrastructure. I don't pretend to be an expert on either, but I'll stick with my comparatively superficial understanding of the differences until someone proves to me that the comparisons really do have merit.

There is little doubt in my mind though, that you could greatly enhance my understanding of these longer term cycles and how to best to prepare for them.

You over-estimate my knowledge. My beliefs are based more on convictions about the role technology -- U. S. technologies well entrenched in gorilla-like strength in particular -- will play in the world's economy over the very long haul.

Regarding cycles, one of your comments makes me think you've read one or both of Harry Dent's books. Right? He knows reams more about cycles than I ever hope to know.

--Mike Buckley
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