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


To: Mark Adams who wrote (2080)2/23/2001 6:43:14 PM
From: TobagoJack  Respond to of 74559
 
Hi Mark,
Japan's up was most certainly noticed by me. I did not expect Japan to go spiral dancing or scuba diving to below 13,000ft too often, as it would crush the pressurized bubble hulls of the insurance and banking companies. Should it happen this way, it would be a sight to behold for the New Yorkers - as in the ancient Chinese (but Trinidad probably has a similar saying) "kill the roaster rooster to teach the monkeys". The monkeys would be screaming on that day. But again, I lack imagination and may be proven wrong once again.

You misunderstand me if thinking I want to see the world go scuba diving. I merely believe it might, with high probability, and it will be a bad diving buddy, requiring our second stage regulator, and our wallet, at an inconvenient time (it is always an inconvenient time when it comes to our air supply and wallet). Would life continue after the dive? Yes. Will I make out in the aggregate? Only a maybe or a perhaps.

I also noticed that the Jp central bank thinks now it has one weapon left, unlike our maestro, with his two weapons. The Japanese still has the armor of export, but only one weapon. Jp can now think about the option of using that weapon of horrific destruction - negative interest rate. Maybe one day they will realize they can raise, as well as lower the interest rate.

More along your line of thought, did you notice that Turkey closed up as well? So that just makes Turkey in fine shape? Not likely, as I see a plucked bird ready to be stuffed. Of course Turkey closed up, else it would have closed.

Mark, folks say "don't fight the FED", and I subscribe to that idea generally, but folks never said "go fight mother nature". The Nasdaq investors are feeling the ill effects of nitrogen poisoning - like laughing gas - during diving, and not realize the dire depth and danger they are in. Think of it as being drunk, alcohol poisoned, and sleeping in the bath tub, with warm water filling up.

Remember how good it used to feel, in the go go days, to excitedly boot up the PC, eyes a flicker, and watch yourself redeemed again and again, as the Nasdaq train ran on schedule?

Now, consider joining the dark side. The magical feeling will return. Dancing disco style in beat with the funneral march music cannot be much fun, much longer. We are not a bunch of cynical unhappy constipated and miserable bankrupts. We are republicans in spirit if not in fact. We spend happy times with friends and families, dine out regularly, and carry a minimum charge on our credit cards. And yes, we like SUVs too. We are not the minions of the maestro.

Chugs, Jay