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Politics : Idea Of The Day
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To: Crystal ball who wrote (37143)3/13/2001 9:11:04 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
<<Approx. $4 Trillion gone. It costs money to make a factory, to create jobs that pay taxes and pay the rent. >>

That is the money that makes these markets the greatest speculation instruments in the world..market on the up and going down does all these excesses, 4 trillion lost was part of those excesses albeit it has been cruel we need to understand that much of it will only come back if the new economy vision is not a mirage but a reality I have seen SOX at 100 and I have seen people dumping it left and right that was the biggest money making opportunity for me,, and these pages are witness to those times, similarly IIX SOX at these levels on one hand kills the core but on the
other makes me feel of an opportunity, the test of lows and 'new rally' or renewed sentiment will only come if our dreams of new economy were right. These are testing times but these are alos very interesting times, those who are able to see these things will survive others will fade.. in my opinion this is the real test of the 'new economy model'.. lets hope that we don't blame anyone but slow down and profit recession in technology that has hit our portfolios and the only way out of this brick wall is to get real good stocks and hopefully expect that our basic model is right..
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