Hi marginnayan, <<abracadabra>> ...
Financial markets exist to fund projects, but gets truly energized, allowing outsized returns, mostly based on allegedly good and then supposedly better ideas. Over on the CFC thread, we term this as an ‘abracadabra’.
I do not know what the next abracadabra is, but I am not sure that CSCO will be in the running when it happens again.
Message 16212324
QUOTE
Now, should the cataclysm be unobstructed, a new dawn may arrive sooner. We must lead the village idiots to the volcanic abyss of Inflation or the black hole of Deflation, to be sacrificed to the gods of work, thrift, family and savings. I am being optimistic and am of course assuming that all the market noise and propaganda smoke is not in fact camouflaging an inflection point connecting Silicon Glory to an as yet unknown “next abracadabra”, as the Rust Belt was once transformed into Silicon Glory but accompanied by much dying anguish and birthing pain.
UNQUOTE
Message 16258768
QUOTE
Ok, I will go with this scheme in discussion of abracadabras on this thread. I agree that we keep the scale metrics simple as you suggested, but add that when ‘valuing’ the aba, and DD-ing the cadabras, we consider not only the magnitude of the idea (scale of Wow) but also the impact of the financials (scale of Wow$Wow).
UNQUOTE
Message 16258914
QUOTE
… Yes, all the short term interest rate cuts Greenspankie can dream up (easy, only 3.5% more to go), followed by continuing debt explosions and financial accidents made possible by the weakened system, concurrent unemployment rise, consumption drop, delinquencies and bankruptcies, USD implosion, long rate spike, cataclysmic final gush of blood from J6P equity allocation, recriminations, investigations, recommendations, then silence, until the next abracadabra.
UNQUOTE
Message 16300985
QUOTE
Why? Because financial gravity has grabbed onto the flaming meteor of fast vaporizing wealth, dragging it inexorably towards final destruction, dusting the bottom of the potential energy gravity well with the primordial raw material necessary for rebirth of the next abracadabra. Newton vs. Greenspan will result in an uncompromising end. You know it, feel it, and yet refuse to count on it.
UNQUOTE
Chugs, Jay |
