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To: Lucretius who wrote (47547)1/27/2000 9:00:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116753
 
I do think it is a new era and a new economy..the distribution of
wealth has unbelievable..the democrats should make all the wealthy
republicans grovel on their knees in thanks and thensome..
the wealth the market has created for a few has been astounding..all
those trustfund welfare recipients..etc..all those billionaire
silicon people..(ha people laughed at sand)
the drones the economy has created has been astounding..
a very lopsided economy is the "new economy"..things have never been
so bad in that sense..although at least people have jobs now-
ps how do you know he follows you around..isn't that a little egocentric :-)
Bobby



To: Lucretius who wrote (47547)1/27/2000 12:41:00 PM
From: Zardoz  Read Replies (3) | Respond to of 116753
 
ANYONE who thinks that THEY KNOW for certain where any one financial mkt is headed over the short or medium term is a clown, pure and simple.

Ever time you buy or short a stock you are making a prediction on the economy, and the equity. To believe that all predictions are fruitless suggest that you subscribe to the "Blind Luck Theory" of investing. In sept 99, I never said gold couldn't rise. I said that after the ECB agreement that the ECB was playing into the hands of the shorters. Since it's fall below $300, I made the statement:"You'd not see gold higher then $310 for the remaining 99, and would be lucky to see gold above $300 for all of 2000". {this while you were predicting a rise to $450+} Well, guess I'm more right then you.

You suggest that people who predict economic trends is a fool/clown. Yet any economists would disagree with you. To suggest that I follow you to other threads is a lie. I've posted on the MDD thread for a long time now. You are a contrarian pragmatist... you take the view that the economy will crash or sink by 50%, yet in doing so, you are predicting the future. Thus, in your own words, you are a clown. I actually thought your shorting of Dell was right on a few weeks ago. But your lack of covering around this price is wrong, thus my asking you.

Hutch
PS: as said before:"You'll be dam lucky to see Gold above $300 this year"