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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (69186)	4/13/2004 12:27:43 AM
From: Skeet Shipman	Read Replies (1) of 94695

The Contrarian View Hi Vi, It is always so up lifting to read this thread. Bernie Schaeffer must be reading your thoughts: "Believe it or not, there are many real risks right here and now, both global and company specific, that are being given short shrift these days by the "there will be no hurricane tomorrow" crowd: A major terrorist attack A collapse of the dollar Stagflation A derivatives-based financial accident A real estate bust New corporate scandals A debt-induced recession Do any of these possibilities have a high probability of occurring? No. In fact it is more likely than not that not one of these worries will come to pass over the next year or so. But I'd suggest that the current combination of what I perceive as serious complacency with regard to risk with an environment that is riskier than ever is a patently dangerous one." My CONTRARIAN VIEW is not about these risks but the unheard-of chance that the economists and analysts may be right this time!!! Skeet

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