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

To: carranza2 who wrote (17325)	3/25/2002 8:20:12 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi Carranza2, if you wanted to scare me, you have succeeded. You are not sounding as you did before, even though the situation is as it was. Why? On the flip side, I will put in some positive thoughts, in the mean nasty time, there are still much the officialdoms can do to prop matters up, and/or rob some folks blind to give to other folks ... more convoluted taxes and tariffs, outlaw gold, go with negative interest rate, declare additional wars, declare new currencies, and go for outright territory grabs. These measures may or may not do anything for the major equity indices, but may make other valuable assets go up, achieving the same thing, motion of money. Through out history, financiers had much to do with wars and conflicts, a highly efficient way to redistribute wealth - as Maurice's mother's people would say, strategy #12 is 'loot the burning house'. Internet mania was good for redistribution of wealth, as Maurice found out, and he will find out that more ancient ways are even more efficient. Oops, I just remembered, Maurice said history didn't matter. To maintain bubbles, it is not important where the money pools. It is only vital that the money flows, moves, twitches, and remain alive. And as before, I will remind myself that I lack imagination. These are desperate times for emotionally driven and vanity infused leaders all over, all wanting to look good for the television in a popularity driven democratic environment. Absolutely anything can happen because crowds are, simultaneously, predictable and wild, especially when standing in opposing formations. 2002 has been hectic, and we are not out of March yet. I feel we are coming down to the wire, and soon it may not matter how well diversified we are, unless we own the one and true money, or, ouch, exceedingly bravely, hold a 100% well diversified (industry, geography, currency, asset class, time) short positions. Hoping for the best. Chugs, Jay