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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Smart_Money who wrote (53402)4/18/2002 11:22:03 PM
From: SOROS  Read Replies (3) | Respond to of 99280
 
"do you really think for one second 0 is a real possibility"

For the last 100 years, there has not been that possibility. Slowly but surely, however, the nuts and fruitcakes of the world have been getting closer and closer to laying their hands on weapons of mass destruction. When the right (wrong) one of them does, one of these psychopaths with NO regard for human life will use it. Every expert that has an ounce of sense has said it is if, not when. Let a nuclear or unknown biological device be detonated in the USA, and you will watch that 1750 be chopped in half. And the other half you won't be able to lay your hands on. So, for all practical purposes, it will be a fat goose egg. Never before a possibility, but now it is. Anyone who totally dismisses this reality is not only an optimist, but a fool as well. Never forget that all wall street analysts and CNBC commentators are PAID to do their best to have you put all your extra earned money in the stock market. They have NO other agenda.

I remain,

SOROS

ps The stock market is not as old as civilization. It, too, could pass.



To: Smart_Money who wrote (53402)4/19/2002 8:48:17 AM
From: Win-Lose-Draw  Respond to of 99280
 
Not a bad position for 20 years

20 years from now this country will be either bankrupt or miserable thanks to social security and medicare underfunding.

My time horizon is considerably shorter than that.



To: Smart_Money who wrote (53402)4/19/2002 9:03:07 AM
From: DlphcOracl  Respond to of 99280
 
Averaging into the Nasdaq now, at the beginning on the traditionally weak (May through October) weak season for the Nasdaq makes little sense to me. There is a strong possibility that Nasdaq will be between 10-20% lower during that interval. Given that I think an optimistic Nasdaq high over the next twelve months is 2250-2300, I'm not jumping aboard the train just yet.