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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (16290)3/6/2002 3:46:17 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hi Maurice, <<reignition of irrational exuberance>> You are wrong. The exuberance was never put out, it just got swept under the housing door mat.

<<hamburger-rated interest income ... be patient ... earning high interest again>> I am counting on the interest rate recovery, but I am also continuing to move away from non-interest bearing paper, to interesting paper and interest-less precious metals.

<<Uncle Al must raise interest rates quickly once the turn is certain>>

I do not actually believe Greenspunk will ever see the recovery.

<<That's the theory anyway>> Yes, it is.

<<Waiting for the first interest rate rise [I guess March]>>

WTH, let me take up the contrary side of the bet, and guess there will be another interest rate cut, say in March.

Chugs, Jay
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