Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (19815)	6/15/2002 12:24:05 AM
From: TobagoJack	Read Replies (1) of 74559

Hi Maurice, <<I am only holding US$ … late in … moving the money to Kiwiland ... US$ dropped 10% … hoped for a little hiccough back the other way … Damn ... Now it's 25% below … I do NOT want to be holding US$ ... now wondering what the heck to do ... I will wait maybe a month>> Option #1: Message 13964522 <<3. On hope, when the ship starts to sink, don't pray, jump; accept small losses cheerfully and as a fact of life; expect to experience several while awaiting a larger gain>> Option #2: Exchange your USD into Argentine Peso, hold for a month, then convert to Brazilian Real, hold for a month, followed by Cameron whatever, … and so on … eventually making your way to Zaire or Zambian whatever else, sampling the A to Z of officialdom fiat and see that there is no difference, except for the amount of damage belief in any one can ultimately be. Report back to thread at that time. Chugs, Jay P.S. lunched, and now nap time.

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