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

To: TobagoJack who wrote (20798)	7/6/2002 12:48:58 AM
From: Raymond Duray	Read Replies (2) \| Respond to of 74559

THE REVOLUTION WILL NOT BE TELEVISED Jay, Selva, Thanks for the rare treat of having you two back-and-forthing from HK to KP(?) with nary an "ugly American" in sight. Let me crash the party. Please. Re: Diana Krall’s jazz and Bossa Nova’s soothing sounds of Brazil on continuous looped play. Here's a new and talented artist you might want to get to know: kksf.com To put it politely, you can go to norahjones.com and screw RIAA. It's a good thing: salon.com Have you heard about the artist rebellion going on in the U.S.A.? Don Henley, Cheryl Crowe, lots of other artists tired of being indentured servants of rapacious labels. Developing...... as Matt Drudge likes to tease........ """""""""""""""""""""""""""""""""""""""""""""""""""""""""" Re: Starbucks Iced coffee One of my favorite local coffee shops here in Bend, OR has a sign in their front window. "FRIENDS DON'T LET FRIENDS DRINK STARBUCKS". Jay, you are a traitor to Selva and the wonderful vendor of some of the world's best coffees in Sumatra, Sulawesi and Java. Why you support a fascist in Seattle is beyond my comprehension. """""""""""""""""""""""""""""""""""""""""""""""""""""""""""" Re: who has been lied to, conned, and now transformed into a financial refugee, You bought the Starbucks, after all.... Think about the stupidity of consumers allowing deceitful hucksters to control their minds via propaganda machines like the Ad Council. But don't feel alone. Everyone is being deceived by the corporate fascists: gregpalast.com WTO's deceit: gregpalast.com """""""""""""""""""""""""""""""""""""""""""""""""""""""""""" Re: I intend to decrease USD, increase CAN dollar, You are slow-witted. This was done a couple of month ago by Senator Peter Fitzgerald (R. Illinois), a lawyer who serves "honorably" on the U.S. Senate Banking Committee. He moved about USD 20 MM out of his country's assets and into Canadian assets. While waving the flag. Up your ass and mine. """"""""""""""""""""""""""""""""""""""""""""""""""""""""" Re: <<I think central banks are too big a guerilla factor in this, so individual investors can't go against their constant, persistent intervention>> The obscene PPT intervention today is like the "crazy aunt in the attic". I've brought up the "Through the Looking Glass" absurdity and melodrama of their desperation on other threads and only the cognoscenti admit it in PMs. This market stinks. It's a contrivance that makes Verdi's "Rigoletto" look like sane public policy. """""""""""""""""""""""""""""""""""""""""""""""""""""""""" Re: … while there are not many reasons to think that an attack bigger than Sept 11 will succeed if launched, You are a fool to think that. Bush can and will do so if he sees the least opportunity to pull it off. He's in desperate straits as far as his elective mandate. However, as is perfectly clear, he dismisses democracy as a nuisance. gregpalast.com Bush will go beyond his twinkie moves on St. Valentine's Day: cnn.com and blow away a few thousand more expendibles if it serves his purposes. A major "terrorist" attack in Washington would be extremely beneficial to Bush and the fascists. They could instantly declare martial law and give up on the present charade. And it would instantly squelch the damn nuisance about his Harken Oil insider trade scandal. """"""""""""""""""""""""""""""""""""""""""""""""""""""""" Re: <<By the way, there does not seem to be any crisis mindset among any of the people I've talked to in the last 40 odd hours>> I have a couple siblings like that. They don't recall they lived through the Viet Nam War. """""""""""""""""""""""""""""""""""""""""""""""""""""""""""" THIS IS IMPORTANT: A JOAN D'ARC OF OUR AGE amazon.com Ms. Hertz is awesome. Smart, honest, a democrat. We need more like her. She's gotten her taste of tear gas recently in Genoa. She's a couple decades late in that experience. Compared to me. The face of fascism is showing its ugly heart. The world needs more honest and intelligent democrats like Noreena Hertz. We don't need more fascists like King George to ruin our world. """""""""""""""""""""""""""""""""""""""""""""""""""""""" The horrors that Hertz fights: pbs.org

To: TobagoJack who wrote (20798)	7/6/2002 1:31:27 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

Hi Jay, No mountains for me today. I fed the cat and am on the way to the office - my Twister robot project needs some final polish -. No coffee for me since some time, I realized it's just makes me impossibly edgy and jumpy - it's all kinds of herbal teas and that's fine with me. I may even start adding some milk to top them; Friday was awsome. Cant be just short covering... Have to figure it out over the weekend. My peace (my meager reserve g) with you. RegZ dj

To: TobagoJack who wrote (20798)	7/6/2002 10:32:20 AM
From: carranza2	Read Replies (3) \| Respond to of 74559

Hi, Jay, Lurking this thread without much to contribute but was somewhat astonished by this comment: I am sit here, moodily, in trepidation, looking at the investment options, weighing against the speculation choices, pondering on the escape alternatives, as an international investor electorate who has been lied to, conned, and now transformed into a financial refugee, I ask myself, as you do, ‘where to now? I hereby declare that the next Bull Run is on the way. It seems that you have "capitulated"--an awful word but so widely used now as to impart meaning. I never thought that I'd see the day when you stop, look around, and actually express doubts. Things, Jay, are same as they'll ever be. Reverse to the 1920s: Financial shenanigans were rife, stock speculation was at an all-time high for then, and there was no SEC. After more controls were put in, shenanigans abated but did not cease. Fast forward from the '20s to the late '80s, specifically, 1987. Lots and lots of safeguards in place yet Milken, Boesky, and a lot of less memorable bandits made mincemeat of them. Jail time followed for lots of them. What do the '20s, late '80s, and the present have in common? Why, it is as obvious as the nose on my face--bubble markets that kabooomed, of course. Crime and bubbles go together like Mickey and Donald. The phenomenon happens where the bubble and the crime affect only a relatively small sector of the economy such as the S&L industry in the US. It boomed after de-regulation. Naturally, the crooks moved in, and just as naturally the bust arrived. Just as foreseeably, there were jail sentences handed out. Is this different? I don't think so, but there are lessons to be learned. Beware of bubbles, ride them for all they're worth, but jump before they burst. It is vitally important to NEVER think that we are in a new paradigm. The other lesson, a more subtle one, is that good times will return. The American economy is far too large and resilient to allow for a permanent or even extraordinarily long, i.e., more than 5 years, bear market. Then, after the hangover is over, the bubble returns, fueled by high tech or biotech, or who knows what next greatest and bestest thing animates investors. This is a good time to prepare for the next bubble. I promise it will come, sooner or later. Hoard your cash, refuse the temptation of Mugabian/Zimbabwean Aztec foolishness, and wait like a dung beetle for the elephant to shower you with opportunity. P.S. Bull Run was a Civil War massacre.

To: TobagoJack who wrote (20798)	7/6/2002 1:22:20 PM
From: Muthusamy SELVARAJU	Read Replies (1) \| Respond to of 74559

Jay, No black helicopter statement here, but the word is 'I love you. The weather in Geneva, after an afternoon of drizzles and general temps mauvais, is great just now. all the best, Selva

To: TobagoJack who wrote (20798)	7/7/2002 4:50:45 AM
From: Maurice Winn	Read Replies (3) \| Respond to of 74559

Jay, being a liberty-loving individualist, I'm not in favour of collective guilt and punishment. Foolish investors in Globalstar, Global Crossing, Enron, Worldcom, rafts of cyberspace companies and other things have been cleaned right out. They cannot be more punished. <If only matters were so simple as ACF Mike and Maurice prefer to believe. You know, sin, and repent, commit crime, and apologize, followed by forgiveness and another chance, sidestepping punishment and without skipping a heartbeat.> Hearts have skipped many beats. Some hearts have literally stopped permanently. Worse than the alleged crimes were the ignorance and wishful thinking, mismanagement and waste. The insider swindling was a relatively small proportion of the financial destruction. I have [I am told] a Calvinist attitude, or maybe it's Puritan [I should ask Google what those mean]. Financial markets are merciless - once gone, the money doesn't come back unless governments rob taxpayers and pay subsidies or give other financial incentives to rescue shareholders. Few of such taxpayer funded rescues have been made. The world doesn't come to a stop because a litany of companies have gone and are going bust. The shareholders and creditors suffer the consequences, the assets change hands [Ka Ching, Chen and Winn are waiting to do their duty in this regard] and life goes on. Most people are unaware of the change of ownership of the assets and do not miss the companies which did not deserve to exist. Those in trouble think the whole world is affected, but they aren't, other than when the world slips inside the event horizon of a black hole and we have a WWI, WWII, Great Depression, etc. There is little evidence that we are inside the event horizon of financial stability. There is increasing evidence that the world is going to escape the biggest irrational exuberance in history without mayhem or even significant disruption or even recession. That's thanks, to a large extent, to the confidence instilled by Uncle Al in the stability of the US$. Mqurice