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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Derek DeVries who wrote (968)11/26/2000 7:00:49 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi Derek, I know you, as I saw you on TV. You should have gotten an e-mail via magicaldesk already. Given the issues in the Middle East, I am unwilling to take a position in anything other than US$, platinum and gold, as the temporary fix to imploding US currency and reversal of capital flow is a war. So, I hold on and wait for some thing to blowup, then move to those then unloved US/European/Asian equities trading at 5-10 multiple of core cash flow, and bonds at double digit yields to maturity. There is never a hurry to lose money.