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


To: TobagoJack who wrote (1941)2/16/2001 10:14:55 PM
From: westpacific  Read Replies (1) | Respond to of 74559
 
Jay - Folks cannot see the forest from the trees! Those that try to bottom fish this market stand ready to be wiped out.

The big question for all of us is how this whole ugly mess ends - I would not be suprized with a lot of people selling apples on the streets.

I stand amazed that the fed continues to allow the average American to leverage themselves to levels ready to fall off the brink. Equity being drained from real estate at incredible inflated premiums. And the worst part is the FED WILL continue to play the liquidity game and let the dollar fall into the toilet. Greenie is more concerned with having the consumer spend until the entire system implodes in the BIG BANG!

There are those that think we are all cracked to think this way - but as a saving and not spending American - I see many friends and family standing on the edge of that financial brink. But why should Greenie care, he will be dead in a few years anyhow and someone else will have to clean up the whole mess.

Any rooms in the inn out there in Hong Kong - may be time to flee overseas soon indeed!

West