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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (42908)12/11/2003 3:24:43 PM
From: gumnam  Read Replies (1) of 74559
 
Hello Jay
Thks for your well thought out response. I still feel Asian Cen Banks and the various political, economical and other needs of Asian leaders will be used to great advantage by the US. And that will be the big challenge we will face.
<<I think people are also mistaken in thinking that central banks exist to make profit>>. You are absolutely correct on this. That is why they can be ruthless enemies. One of the many expensive trading lessons in my job has been that when the other side does not care about P&L, they are undefeatable and can remain so for a long time.

This has been a very good year for personal investing and I want to thank you, Malcolm, and everyone on the BBR for the excellent ideas and inputs.

Let the march to the TEOTWAWKI continue .......

gumnam
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