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


To: Ilaine who wrote (4637)6/10/2001 10:09:45 AM
From: Mike M2  Read Replies (1) | Respond to of 74559
 
CB, I would argue that a huge industry has evolved promoting the notion that one can buy and hold their way to riches and ignore economic fundamentals. What's funny is the bulls say you can't time the market but they always say this is the bottom. mike



To: Ilaine who wrote (4637)6/10/2001 12:05:57 PM
From: smolejv@gmx.net  Respond to of 74559
 
Big-time economy is not my main playground, so I guess I may express my aha surprise now and then.

My puts are where I bought them (duh...). I missed the 24hrs window after the interest raise and then said wth. Otherwise Im not stubborn. I just dont see (yet) how the world can live on PEs in the upper fifties. And Im NOT suggesting that as a topic;.

dj



To: Ilaine who wrote (4637)6/10/2001 12:20:02 PM
From: westpacific  Read Replies (1) | Respond to of 74559
 
CB - they also did not have $100Trillion floating around in derivative instruments in 1929.

I cannot and will not let the 1997 LTCC scenario out of my brain. And at that time we only had $50Trillion floating around.

1929 could look tame in comparison. This time it will not be a collape of the US Financial System but the Global Financial system.

Lets us all pray.

West