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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.52-4.4%4:00 PM EST

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To: TobagoJack who wrote (7058)6/8/2006 10:33:49 AM
From: carranza2  Read Replies (2) of 218805
 
A very good thing to remember is that when the US has the sniffles, the rest of the world gets bronchitis.

Simple. Obvious. And true. And therefore so easy to get ready for.

Carnage is not occurring, there is no red mist. What you see is the red flag of tremendous opportunities staring you in the face so smartly you have mistaken it for what it is not.

Your chance, maybe, to turn the obscene profits you've made from that glittering, non-dividend paying thoroughly psychology-driven relic into something new now that things are on sale.

There are literally dozens of terrific, well managed, cash-bloated debt-free American corporations which literally don't know what to do with their excess cash. From Microsoft to QUALCOMM to Cisco, their financial strength and creativity means that they are going to rule the future. And they're starting to go on sale.

Catching the Canadian jihadis and taking out the Jordanian head hacker signals a psychological fork in the road for the better. Just look at what both events did to the prices of oil and gold. But not before we get rid of the sniffles.

Gold is driven by sentiment, not cold hard calculations. Sentiment cannot be predicted. The value of cash-fat, debt free innovative corporations staffed by the best engineering talent in the world can be calculated.

Act now! Time waits for no man.

Disclosure: I bought KRY and held it for 2-3 days, then had a revelation--what am I doing with this stuff, waiting for the hammer to drop, as it always does on anything on which a mania is in place--so sold it toot sweet at a minimal profit. Wheew!
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