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To: pater tenebrarum who wrote (74954)3/2/2001 9:51:29 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Heinz, what you wrote is true J6P did not run QCOM, YHOO, INKT, JNPR etc. to hundreds of dollars a share they merely joined in.

My point is that the huge surpluses those funds build in are starting to evaporate and it is actually J6P insurance and pension money. If this starts to evaporate more, we will have same situation as in Germany but on a world wide basis and that will bring unrest.

For example GE will continue to report stellar earning as they had some thing like 16 billion over funded in their pension funds last year. Not sure how much of that evaporated in thin air but it is a lot of money.

There is a ponzi scheme going on but they can not afford to let it drop. In times past there were desinflationary cycles ......... not any more as inflation is under reported in good times and then adjusted in bad times even that in the real world you have inflation and deflation ............. it is all masked by statistics all over the world.

Haim



To: pater tenebrarum who wrote (74954)3/3/2001 7:39:17 PM
From: yard_man  Read Replies (2) | Respond to of 436258
 
I think CH may be a good buy ...