Hi Maurice,
<<But I avoid buying during irrational exuberance because that's the greater-fool theory in action.>>
Our chief difference may be that I believe in the greater crowds, depend on the greater crowds, as I always tend to edge for the exit sooner than the greater crowds. I want the greater crowds to be rushing toward me, reaching out for what I have … following adapted from my Softbank Chronicles …
Message 12853201
In anticipation of a golden morning, one day soon …
“Our magical Son is working the crowds to a frenzy. Frenzy is good. I am picturing the raised swaying arms of the crowds in Japan gently pass us over head one at a time to Nirvana Ranch on Maui, as the Latino beat pulsate throughout the Tokyo Stock Exchange, with tears in their eyes and NTT Docomo phones around their necks. Piles and piles of Postal Savings records underfoot to cushion the ground in case we fall. I am working day and night (4am-10pm) on a gizzilion items and am overwhelmed. Went jogging today. Ran very fast for very long, on adrenalin. While readying to go into town for reflexology, I noticed that I am more handsome than ever. The reflexology was good, got done over until my eye balls popped out. I am drunk on oxygen, and I am delirious from aerobasizing in place while sitting at my desk. When I shake and gyrate around in my chair energetically enough, I get dizzy and feel the same as I would had I drank one beer too many. Please do not stop the music. I promise to be a good boy this year, all year.”
And I want to talk about gold in this fashion one fine day. The wait will be rewarded; the weight worth every ounce.
<<I will not buying into any more hysteria>>
You are too young to have lost faith to such an extent. You are not giving yourself credit for the ability to take the proper lessons away from NASDAQ 2000.
<<There is no alarm bell at the top of a market hysteria>>
Yes, there are plenty of bells, chimes, gongs, and flashing signs. Basically, be very suspicious when you start to feel like a god.
For more hype, hysteria, and alarm bells, consult the Softbank Chronicles …
Message 16020847
<<QUALCOMM will lead the world out of the gloom>>
I am not particularly knowledgeable about QCOM and am not biased against it or for it. FYI, and simply for information …
redherring.com
Chugs, Jay |