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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (35655)7/2/2003 9:05:59 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hi DAK, life is certainly strange at near the speed of light, with S&P, energy trusts, gold, NEM, QCOM, oil, China, Russia, India, platinum, Indonesia, Japan all up, and with timber, Argentina, and silver all down.

... and oh, almost forgot, California doing an Argentina, even as lenders beg borrowers to cash-out refi some more.

OTOH, Bush is inviting the attackers to attack some more ...
news.bbc.co.uk
"There are some who feel like the conditions are such that they can attack us there. My answer is bring them on," Mr Bush said.

... even though he does not know who is attacking from where, when, or even how.

What is next?
S&P tanking ? ... possible, very possible, but, you must keep in mind, we are, after all, travelling at close to the speed of light, where down is up, up is up, sideways is up, no news is good, bad news is better, and good news is best of all.

Then again, I prefer to be tested on buying S&P puts when the market is still going up, rather then tried holding a load of S&P longs while the market is going down, eventually, aweful day after terrible night, again and once more ... or as Malcolm would describe the situation so, 'nurses running in and out' :0)

Chugs, Jay
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