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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (37559)8/30/2003 4:23:52 AM
From: EL KABONG!!!  Read Replies (2) of 74559
 
Hi Jay,

The Steve Liesman, Mike Norman and Gene Epsteins of this world will have their heads handed to them in a basket as the blade of economic justice exact its due.

You may yet be proven correct. Only time will tell.

As for me, I think that somewhere down the road a bit, there will be more than just a few minor bumps in the "mortgaged-up-to-my-eyeballs" game...

My advice to fellow threaders is to pay off (in full) whatever debts you can (immediately), and reduce those debts that you simply cannot pay in full to the lowest possible amount. Remember... Interest not paid to a lender is a more viable economic gain than monies made on stocks and bonds, because you don't pay taxes on the money saved...

KJC
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