Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (44490)	1/10/2004 2:09:30 PM
From: Maurice Winn	Read Replies (1) of 74559

Jay, my usual bias that things will happen more quickly than they do continues. So, interest rates have NOT increased and in fact have lowered from 2 years ago. People continue to work for less. I am getting very bored with my US$ earning only 0.94% while Q zoomed to 600 and G to 420. So, for now, my theory about what will happen is wrong. I thought 2 years would be heaps of time to tidy up the mess and get things back on track. Okay, I'll wait another year. If I'm wrong [as I've been on interest rates] then it's no big deal. QCOM has, along with the rising tide, done as expected and NZ$ assets are very happy too. Overall, hooray for 2003 [and 2002] - total nausages = many more. Mqurice

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