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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (26613)12/29/2002 11:59:01 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Elmat, Do not fret so. Gravity works, reversion to the mean rules, each wave crest of the ocean is followed by a trough, and then another wave crest, nothing lasts forever, and often a lot less than forever, et cetera, ad infinitum, ad nauseam, so on and, oh you know, so forth.

The end of the beginning and the beginning of the end often look quite similar, as we well know from lessons in stock mania participation. The art is knowing which is what, and what is when.

Maurice, secure in his knowledge of the unknowable, that Maestro Greensputin, together with the masses, is staked on the USD, perhaps as the lesser of all evils amongst the Yen, Euro and whatever other colourful paper he believes are worthy of being called money.

Jay, OTOH, is counting on the specie, the true money, gold, to do what it had done for as long as anyone can remember and before that, to do the right thing, be the money that rules over all cash.

The financial-scape is becoming more, not less, dangerous by the day, and in fact, by the year as well. At the end of this current play, few will remain standing, much less fighting trim.

Chugs, Jay
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