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

To: TobagoJack who wrote (8129)	9/4/2001 6:25:08 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

>>and we can then start to think about the day when matters improve.<< Note that Israel were first getting shafted royally by the pharao, then came frogs, locusts, the angel of death etc, then they had to cross Red Sea (on foot!) and were 40 years into the desert... "Next year in Jerushalaim" (sg) dj

To: TobagoJack who wrote (8129)	9/4/2001 7:04:38 AM
From: elmatador	Read Replies (2) \| Respond to of 74559

The lack of visibility CEO's say about the market today, reminds me of the Portuguese immigrant joke. The final bad news is being fed in very small doses. A Portuguese immigrated to Brazil but could not afford to bring his cat along. He loved his cat and only his brother was trusted enough to take care of the feline. He kept sending him money to care and feed the cat. It went very well, and he got occasionally, letters about the cat's situation and even some pictures of the feline. Until one day he received a letter saying that unfortunately his cat had died. Despite all care, the cat -which was by then a bit old- was on the roof fell off and died with the injuries. The brother in Brazil sent him a letter saying that was not the way to disclose such bad news. He could have disclosed the whole situation but preparing for the final blow. sent a letter saying first that the cat had climbed the roof. Then that cat was walking on the roof. Then that the cat was walking too close to the edge of the roof. Then that the cat had lost balance followed by a letter saying the cat had fell off the roof. Then another saying cat looked in bad shape. And finally that the cat had not resisted the injuries and have died. This way, he told his brother, he would be prepared for the final blow and not be shocked. His brother replied he was sorry for disclosing such news and would be careful in the future. Six months later the Portuguese immigrant got a letter. It said simply: "Dear Brother, our mom climbed the roof." The market is behaving in the same way. Today we have reached the stage where 'the cat is walking in the roof'. But we know eventually it will be made public the cat fell off the roof top.