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

To: Andrew G. who wrote (2147)	2/25/2001 9:41:28 PM
From: westpacific	Respond to of 74559

Great to see all the new posters on the forum - many good new ideas and feedback! As Jay said we are not purveyors of doom, only individuals that are on the prowl for the truth. Willing to look under every nook and cranny to find what is really going on with the bigger picture. This is a fantastic thread - thank you to Tradermike. Welcome all. West

To: Andrew G. who wrote (2147)	2/26/2001 1:34:16 AM
From: TobagoJack	Respond to of 74559

Hi Andrew G, the act of getting to this precarious state of affairs sure was fun, but was not sustainable ... you know, sell some puts, buy a watch; buy some shares, take a vacation; go to the office, check on Schwab; have some sex, talk some stock. No, you are right that this was definitely not sustainable. I also concur with you on the productivity issue. While I may have become more productive while I was working, but net net I was working less, and making more, through no effort of my own, but that of the lightness of the bubble and forcefulness of money torrent. The highly productive rate at which our collective wealth was siphoned away was astounding, giving the maestro's productivity speeches a whole different meaning. On <<an overhaul of our financial system>> I am not optimistic, as however well intention, the outcome of reform will be circumnavigated quickly by the folks populating the financial capitals. It is their job to do that, and ours to respond merrily as humans. Should such reforms succeed and hold, the result would be a pretty sterile and boring planet, no longer in need of SI services. Folks would simply take up games of chance instead. For the folks on this thread, the reforms would be bad news. Chugs, Jay