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Pastimes : feelies the revenge 001 -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (233)	1/19/2000 10:51:00 AM
From: epicure	Read Replies (1) \| Respond to of 344

You are asking the wrong person- I have been uncomfortable with the levels of this market for a long time

To: Ilaine who wrote (233)	1/19/2000 12:09:00 PM
From: Jacques Chitte	Read Replies (2) \| Respond to of 344

Maybe a model to consider is Japan of ten years ago. Wasn't their economy poised to Take Over The World on the heady strength of their asset bubble? It all came undone, but not in a crash; more of a snowman-in-March descent.

To: Ilaine who wrote (233)	1/19/2000 8:46:00 PM
From: nihil	Read Replies (1) \| Respond to of 344

There are no guarantees against a collapse of the stock market or the economy as long as we have popular government. I have been speculating wildly with my retirement money and borrowing against my social security to buy even more tech stocks. Now I don't particularly give a damn what happens to the market. I am betting half of what I have on the internet and getting pretty rich. It doesn't seem to matter what happens to the poky old non-internet economy. I have the other half in cash and will start buying US LT treasuries as the interest rate goes up. Do you realize that you can margin treasuries 90% -- own $1 million of bonds on $100,000 of cash. When the Fed finally forces a collapse, and floods the market with money and drives interest rates down and makes bond prices increase. This requires delicate footing, but its the way to go. Start speculating on treasuries as the interest rate approaches 7% in the next few months. I made a lot of money by investing in bonds (without leverage) in 1982. I plan to do it this time with leverage and really make it big.