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


To: AC Flyer who wrote (14049)1/26/2002 10:55:42 PM
From: LLCF  Respond to of 74559
 
<Have you asked yourself how/why you became so psychologically vested in the idea of an economic collapse? >

LOL, well I for one TOOK my prozac today... so don't be pointing fingers at me.

DAK



To: AC Flyer who wrote (14049)1/27/2002 7:09:42 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi Mike, I am now in Jiaxing, niddle of nowhere, west of Shanghai, 1.5 hours by fast car.

<<Gene>> is gone, I hope, but yes I read him regularly, just to see if he could convince me of the errors of my beliefs. He couldn't. He is gone.

<<Barrons>> what do you think of this week's Economic Beat section:0?

<<Have you asked yourself how/why you became so psychologically vested in the idea of an economic collapse>>

Good question, and I do not know, but let me reflect as I write ...

(a) I made more passive $ than I lost during the bubble
(b) I kept majority of my winnings

(c) I believe in the sweep of macro view analysis I expound on

(d) I believe in recovery and eventual boom

(e) I believe the sooner we wash out the fizz and foam of this currenty episode, the faster we can get to the next level of financial well being

(f) The Japanese way of supporting the landing of the bubble's foam only prolonged what they had to go through. Japan could afford it due to docile population and high cash savings

(g) I do not wish the same agony for the US and USD economic block, because WE are not Japan, and I do not have the time

(h) I would like to see one more bubble sent aloft before what I fear gets fully underway, globalization and equalization, because I do not understand the full consequences, and I do not wish to experiment with my capital. I believe more is better than less, now better than later, in my pocket than in others.

(i) I believe we have little choice in the matter of globalization, and so I want to stock the galley before having to sail through the storm - no choice, between inflation and deflation, the spectrum of politically motivated economic forces are all moving toward us. So, need more, now, in my pocket.

(j) I have not directly shorted stocks, and I do not know how to play that game. I depend on manias and bubbles to make my passive money.

Chugs, Jay