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


To: tradermike_1999 who wrote (7513)8/21/2001 11:31:09 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi TM, I will reluctantly carry out yet another lunch time treasury that will drop my exposure to the USD. If I cannot bet with the USD going up, I better, by clarity of logic, bet, by and by, for it to go down. Bubbles typically do not deflate gently, and given that we are dealing with a series of bubbles, starting with traditional to tech shares, to debt, to consumer spending, to housing, and to USD, the chained reaction of potential energy is too scary to risk being near.

Run, hard, fast, away, then dive, hide, crouch, scope, position, and save energy and munition for counter attack.

Chugs, Jay



To: tradermike_1999 who wrote (7513)8/22/2001 12:16:43 AM
From: westpacific  Read Replies (1) | Respond to of 74559
 
Hugh Mike HUGH - we are in deeper trouble than people even understand.

There is no doubt in my mind, very few people have the capablity to understand all we see and discuss.

Those that do, they do not want to cause panic, that inludes Wall Street, Government, The Fed.

So they keep hope alive, I have found over the years, what sets apart winners from the crowd is the ability to filter information, fact - from fiction. To have an ability to see the bigger picture and not get defocused by all the going on around one. Instead to take the information at hand and truly understand its meaning. This, I am afraid is a very, very small group.

The world is full of followers, their are few great leaders with wisdom.

All the best

West