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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Murrey Walker who wrote (54503)	8/19/2002 4:38:07 PM
From: Dealer	Read Replies (3) \| Respond to of 65232

I know! A little less doom and gloom on the porch is much more relaxing....... No one knows where this market is going......... IMHO.... Dealie (without blinders on)

To: Murrey Walker who wrote (54503)	8/19/2002 6:50:53 PM
From: Jill	Read Replies (3) \| Respond to of 65232

I think the same dreaming of overnight riches is part of both boom and bust mentalities. We know what the boom mentality did to us all--or most of us--made us easy $, but we didn't see the change coming, even though history tells us about cycles. Well, the bear mentality is much like that--just as the mania said we can only go higher, the bear says we can only go lower. And I wish JW the best but if the dollar fell and gold skyrocketed, well then, there would be a lot of easy $ to be made. But the thing is, just as tulips were a bubble, and semiconductors were a bubble, and tech stocks were a bubble, gold was probably a bubble too. And though lightning may strike twice bubbles don't usually--one has to wait for a new bubble in a different place!

To: Murrey Walker who wrote (54503)	8/19/2002 7:06:14 PM
From: Voltaire	Read Replies (2) \| Respond to of 65232

Hi Murrey, I agree. A lot of what has been said by the doomsdayers I feel will come to pass in so far as somewhat of a depression is concerned but I just feel they are about 12 to 15 years too early. Once we the baby boomers get into our 70's and 80's and look back over our economic shoulder, there will not be a lot to count on. Things to look for after this decade. 1. Absolutely no inflation but rather TREMENDOUS DEFLATION. 2. China will rule economically 3. Almost everything will be produced in China and the rest of Asia. We will not be able to compete on a Cost of Labor basis. We are even seeing inroads made in agriculture by the Asian countries. 4. Biggest key will be that we care about human life and it's conditions and with China and other countries that will be secondary. At any rate - as for now- Buy this market and stay away from Gold. v

To: Murrey Walker who wrote (54503)	8/19/2002 7:57:49 PM
From: RR	Read Replies (1) \| Respond to of 65232

Hi Murrey! Good points. I agree. I've been around a lot of successful people in my life. I'm fortunate to have watched them closely in a variety of situations, both business and personal. I'm talking about people that anyone would classify as someone to respect, to look up to, someone that has achieved personal success in life by just about anyone's standards. A common trait each of them had was a positive outlook on life. Even when faced with devastating problems, they would still seek to achieve the best outcome, whether it be handling a business matter or a personal family tragedy. I don't like to be around whiners, or end of the world types. I don't like being around people that constantly see the negative side of things. The reason? Most are failures. They don't solve problems. Usually, they try to bring people down to their level. Some tend to lie. Many blame others for their own failure. They sit back, watch the world go by, and take easy shots at negative situations rather than work to get better. They do not have a "can do" attitude. That's been my experience. Consequently, I try to stay away from them. I've said that on here for years. Nothing new with my view there, and I don't mind saying it again since I feel so strongly about it. RR