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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (23383)9/20/2002 3:48:45 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Pezz, I am at the beach, at leisure, in the comfort of ambient temperature, calm surf, and surrounded by the ease of all modern conveniences, CNBC (USA, Europe, Asia), and Bloomberg TV.

I am leading a life of no days and no nights. I eat when I am hungry, sleep when I am tired, and guess what, I play when I play.

While relaxing, I am concerned about a Middle Eastern country that is defying UN resolutions, aggregating weapons of mass destruction, killing innocent people, and taking their land.

After relaxing, I turn on the television, and ponder the current cycle of the equity market down ticks; I am reassured that cold market logic still rule and financial gravity is still operative.

<<I don't know why the hell I read the gloomy stuff you put out. I'm depressed for hours afterwards>>

You are not actually simply depressed, only alarmed about your current allocations and anxious about your future speculations, trying to figure a way around the dilemma of having nothing except gold to wager on, become despondent of your lack of control over matters and influence over anti-matters. Am I close?

<<I just don't want the wonderful stock market to end>>

People do not get what they want, according to Bill Bonner of dailyreckoning.com , but get what they deserve. I do not know what you deserve, but as I laze away the days and nights playing around, fooling around, speculating here and gambling there, I most definitely do not deserve very much of whatever remains to be harvested, and will be lucky to just keep what I already have.

<<a little Chinese stock Netease.com...Know anything about it?>>

I know that their share price will go down, because they have no earnings, negative cash flow, no future, zero clue, and will be de-rated in value by a financial market that is anxious to protect what is, despond on what will be.

Chugs, Jay
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