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

To: TobagoJack who wrote (19485)	6/5/2002 6:11:56 AM
From: Maurice Winn	Respond to of 74559

Jay, Aztec Au is up to $330 from $270. QUALCOMM is up to $32 from $24. That's a bigger percentage increase. Leap is down from $10 to $2. Much is down big chunks in just a few weeks. Gold's price moves are small compared with the equity moves. Currencies also move relatively slowly: NZ$ from US40c to US50c [yawn]. QUALCOMM moves a lot more than that. True, the fun of participation is often over-rated and watching is often fun enough. Even the imagination of the event and the getting there is often a lot more fun than the reality of being there. 8% a year? You and Warren Buffett are too polite. If that's all you want to squish out, you should succeed. But I think you actually expect more than that. I do. The next big thing is telecoms. Telecoms and cyberspace is still nascent. The cybermind has barely begun. That's the big abracadabra. Mqurice