Wow, six months since that post. Time is accelerating. Meanwhile, the world international financial demise, didn't [yet anyway]. Zenit was supposed to, but didn't. Winter didn't arrive - little snow on Mount Ruapehu. Now it's summer. 1999 around the corner. What the hell is going to happen THAT year? I've had enough character building for this century. Hopefully it will quietly cruise by, uneventfully and happily. But life's not like that. It would be nice if another umpty trillion lymphoma cells get their comeuppance - they are looking more and more like an endangered species. Good riddance.
Silicon Investor was sold. Brad and Jeff did well. Good for them. Webmistress Jill is leaving and marrying. Good for her. Janice Shell made prime time in Fortune. Well, hell Shell!
Peter Hillary is keeping away from the mountains which claim all too many lives, opting instead to be funded by Iridium to make a call from the south pole. Note to self: Check into Goofs again in a few days when things are not too, ummm, ... when ... I don't really know what to say...
Popular threads are in the 10s of thousands. Anyone reached 100,000?
Globalstar got back to $9 after the Zenit butterfly took off in the Russian forest [now Kazakhstan] causing a huge tropical hurricane in the world's financial markets when Long Term Capital Management, Soros Funds, D E Shaw and Co and other speculators and algorithm wielding maths PhD technical analysts using enormous gearing, hyper computers and depending on speed couldn't move faster to sell than a rocket could crash. Which had already crashed before anyone knew, bringing a renewed meaning to another adage "If a tree falls in a forest and nobody hears it, does it make a sound?"
There was nobody to sell to! Well, Tarken, Warren Buffett, Jon Koplik, Dougjn and others in their millions were waiting, but they wanted LOW prices to allow for the risk of a world financial collapse. They GOT low prices.
Meanwhile, I rode the roller coaster all the way down, white knuckled, and having a LOT of fun! Shot through the bottom at high speed and now on the up and up. The roller coaster analogy breaks down because the gravitational force is UPWARDS not down in stockmarkets - check the 20th century DOW graph for confirmation. And any other long term graph using that infinitely elastic, ever inflationary, money tree called $$$$.
Since D E Shaw, Long Term Capital Management and Soros came a gutser, and I didn't, I guess that means I won! Maurice [3] - D E Shaw [Nil].
So far, there has been serial stupidity, Mahathir, but not parallel stupidity, thanks to my pal Alan Green$pan and the Japanese doing a parallel printing of enormous proportions, thus diluting the ever victimized, always fleeced, cash holders earning a pittance in interest. So MIT's Professor Klugman's radicalizing event when he suddenly thought it all could collapse if there was serial and parallel stupidity in the economic management by governments might yet turn out to be a fizzer. For most of us anyway. A shame he's giving any comfort to Mahathir.
Life's like that.
Maurice |
