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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (80720)	11/5/2002 11:54:00 PM
From: Trumptown	Respond to of 208838

That's pretty much all it's ever been. But, the idea is to use charts, economic trends, available information, SI posters, and etc to significantly increase your odds of winning. Think about it... This is MUCH better than gambling...!:) SR

To: westpacific who wrote (80720)	11/5/2002 11:59:20 PM
From: westpacific	Read Replies (2) \| Respond to of 208838

Berlin, Germany - Bankrupt! LeMetropole---Berlin city admits bankruptcy... Unbelievable, here is the article: Germany is not looking so hot either: Berlin city admits bankruptcy - 46 billion euros debt 11/05/2002 Berlin (dpa) - The Berlin city government on Tuesday admitted de facto bankruptcy and announced it was taking legal action to force Germany's federal government to pay for a bail-out. Ruled by a leftist alliance of Chancellor Gerhard Schroeder's Social Democrats (SPD) and the former East German communists (PDS), the city is staggering with 46 billion euros (46 billion dollars) public debt, Finance Senator Thilo Sarrazin said. Sarrazin said this meant the city was paying 2.2 billion euros a year just to cover interest and he warned that the city's total debt would climb to 58 billion euros by 2006. Berlin has a population of 3.5 million but the city has lost much of its industrial base and unemployment is currently 17 per cent. Given the federal government's refusal to pay off Berlin's debts, Sarrazin said the city was taking legal action in Germany's Federal Constitutional Court to aimed at proving Berlin was incapable of shouldering the burden alone. Germany's Basic Law, the federal constitution, stipulates there should be ``equalization'' between financially strong and weak federal states, the Laender. Berlin, a city-state, is one of Germany's 16 Laender. Under this constitutional arrangement annual payments are made from wealthy states, such as Bavaria and Hesse, to poorer regions such as the Saarland, Berlin and Bremen. The lawsuit will be based on a clause in Article 107 of the Basic Law which provides for one-off emergency grants to states

To: westpacific who wrote (80720)	11/6/2002 7:16:20 AM
From: ChrisJP	Respond to of 208838

This market has been nothing but speculation and gambling since around 1997. Which in my opinion is not coincidence with the birth of online trading via Internet browser. Don't worry, Westie, the markets will start heading down after the shorts have their heads handed to them. This will just take long enough until market indicators suggest the bear market is over and long investors get sucked in again. But I should also mention that if you use a historical trend line for the past 10 - 15 years as a basis, the S&P 500 is pretty close to fair value. Since I'm a chicken, I sold about $20K worth of stuff yesterday, lol. Chris