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To: orkrious who wrote (160719)4/18/2002 9:43:01 AM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
Yes, I was startled at the trade report. One needs to read this and then read it again:

The $31.5 billion trade deficit just reported for February hammers that point home. It was more than 25% larger than the gap in December 2001 and the widest trade shortfall in ten months.

The same folks who make arguments that this is not critical, were the folks telling us that NASDAQ 8000 was doable and 20% growth was sustainable.

Timing is everything and we have all been prognosticating on when the bubble will burst; fact is, we do not know. What we can know, is that it will burst.



To: orkrious who wrote (160719)4/18/2002 10:12:24 AM
From: SOROS  Read Replies (1) | Respond to of 436258
 
Does anyone really care?

This market and people are in a fantasy world. They are so fearful of the current world situation, that they completely block it out and focus ONLY on money. This always leads to a crash when reality hits everyone over the head with an act of terror or some financial disaster that a company cannot hide in the numbers no matter how hard they try. Look at ADSX and that frenzy. Just like 1999 all over. People are chasing penny stocks again. ADSX has a huge number of shares and is trading 1/2 to all of the float some days. They have something like 3 million in cash and 33 million in accounts payable and 83 million in notes. Does anyone care that they need to pump this to get the ability to float more stock SOON? Nope. The smell of easy money has the entire country in its spell again. I almost feel sorry for how badly this will all end, but it will be deserved -- by Clinton, by Greenspan, and by all those who blindly followed their advice and their morals.
I remain,

SOROS



To: orkrious who wrote (160719)4/18/2002 9:10:25 PM
From: LLCF  Respond to of 436258
 
<<Roach: Global: Trade-Gap Warnings >>

The guy is a busted clock that's always right! -ggg-

DAK