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


To: TobagoJack who wrote (5852)7/15/2001 1:59:27 AM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<Can you wait and hang on for a while longer?>

Jay, yes, but it is not my nature to hang on and wait. I like the idea of panic - it is an important part of the evolution of my DNA. When I see ogres coming, the hair rises on the back of my neck and I run like hell after striking a quick blow to ensure a path to freedom.

Sometimes flight is unnecessary though some defences are a good idea as a prelude to going on to victory by overcoming the problems. The ogres are sometimes very little beasts when exposed to daylight.

I have already strengthened my position and can weather a bigger storm than we've enjoyed so far. Even though I took a direct hit [nothing to do with financial collapses or dot.com collapses etc - simple useless marketing] which sank Globalstar I am stable and ready to do more strengthening.

I am up 50% from my worst position and will use that strength to further tidy up ready for any further market mayhem and to position for the inevitable economic revival be it one, two or 5 years from now. Cyberspace, technology, globalisation and 5 billion people are not going away any time soon, even if there is a financial collapse. I will be there to help make it happen. I will not be cowering with a stash of Aztec gold in a cave in Montana.

Mqurice