Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BubbaFred who wrote (47284)	3/11/2004 8:42:11 PM
From: elmatador	Read Replies (1) of 74559

They did in collusion with the speculators. <<how can they lose?>> The loser will end up being the last holding the 'mico'. Someone is going to be holding an expensive bunch of stuff to whom he can't sell. Prices collapse. Guy loses the shirt, trousers, underwear... The scenario is that slow down, pause for breath, correction of route, becomes a spiral down as everybody tries to get rid of the stuff. The stuff goes from hand to hand like if it was red hot. If there's a China meltdown, AUD, NZD will be pummelled hard. THB, RM, Sing Dollar, Indonesian Rupiah will just be trimmed a bit. What's 'mico'? There is this kids' card game and the mico is passed around, you've got to get rid of it passing it along, in case someone wins the one holding the 'mico' is the loser.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next