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


To: pezz who wrote (25538)11/18/2002 9:36:42 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hello Pezz, After totalling my first sports car, I formed a habit of not driving a newly purchased sports car for 10 days after taking delivery. The chance of totalling a car is highest in that time span of ownership.

But then, if I were the FED chairman, I would encourage all to total their cars, have the insurance company pay up, and route the money back to auto companies, its executives and workers.

Chugs, Jay



To: pezz who wrote (25538)11/18/2002 11:24:30 PM
From: pogbull  Respond to of 74559
 
Here's one that almost qualifies for the "Darwin Awards" (as you know, the Award goes to someone who manages to kill themselves in a manner stupid enough that it shows natural selection at work). This was on a radio show in Denver.

Guy buys brand new Grand Cherokee for 30 some thousand dollars and has 400+ dollar monthly payments. He immediately gets ahold of his friend and they go do some male bonding. They go duck hunting, and of course all the lakes are frozen. These 2 go to the lake with the guns, the dog, the beer and of course the new vehicle. They drive out onto the lake ice and get ready. Now, they want to make some kind of a natural landing area for the ducks, something for the decoys to float on. Remember, it's all ice and in order to make a hole large enough to look like something a wandering duck wants to fly down and land on, it is going to take a little more effort than a ice hole drill.

Out of the back of the new Grand Cherokee comes a stick of dynamite with a short, 40 second fuse. Now these 2 Rocket Scientists do take into consideration that if they place the stick of dynamite on the ice at a location far from where they are standing (and the new Grand Cherokee), they take the risk of slipping on the ice when they run from the burning fuse and possibly going up in smoke with the resulting blast. So, they decide to light this 40 second fuse and throw the dynamite, which is what they end up doing.

Remember a couple of paragraphs back when I mentioned the vehicle, the beer, the guns AND THE DOG???? Yes, the dog. A highly trained Black Lab used for retrieving, especially things thrown by the owner. You guessed it, the dog takes off at a high rate of doggy speed on the ice and gets the stick of dynamite with the burning 40 second fuse about the time it hits the ice, all to the woes of the 2 idiots yelling, stomping, waving arms and wondering what the hell to do now. The dog, well, it is happy and heads back from where it came from moments before, with the stick of dynamite, only to the mounting woes of the 2 bozos now really waving their arms, yelling even louder and jumping to new heights than ever before. Now one of the guys decides to think, something that he has never done before this moment, grabs a shotgun and shoots the dog. The shotgun is loaded with #8 duck shot, hardly big enough to stop a Black Lab on its appointed rounds. Dog stops for a moment, slightly confused and continues on. Another shot and this time the dog, still standing, becomes really confused & of course scared, thinking these 2 Nobel Prize winners have gone insane and takes off to find cover, with the now really short short fuse burning on this stick of dynamite. The cover the dogs finds? Underneath the brand new Grand Cherokee, 30 some thousand dollar, 400+ monthly payment vehicle sitting on the lake ice.

BOOM ! The dog dies, and it and the brand new Grand Cherokee, 30 some thousand dollar, 400+ monthly payment vehicle, sink to the bottom of the lake leaving the 2 candidates for Co-leaders of the Known Universe standing there with this "I can't believe this happened" look on their faces.

Later, the owner of the vehicle calls his insurance company which tells him that sinking a vehicle in a lake by illegal use of explosives is not covered. He had yet to make the first of those 400+ a month payments.

porkpie.demon.co.uk



To: pezz who wrote (25538)11/19/2002 8:50:47 PM
From: TobagoJack  Read Replies (3) | Respond to of 74559
 
Hello Pezz, Last Night's Report:

Zhu Rong Ji (the now lame duck Premier of China) made a speech in HK last night which I saw in Hangzhou on television while receiving reflexology treatment.

The basic messages -

(a) China will support Hong Kong anyway it can (the subjects being discussed in HK are open/removal of borders, selling of residency rights packaged with real estate, other drastic measures), and

(b) Hong Kong will be OK, but

(c) Matters will get worse before turning around, because there was a BIG bubble explosion, and

(d) HK people must continue to do what they do best, work. Finally,

(e) Do not worry about government deficit, for HK's reserves will last 8 years at current depletion rate.

To which I say, thanks for the brutal honesty, I am prepared for the carnage, and aim to emerge stronger, relative to others, and absolutely.

I did the following trades: Purchase
(a) wallop of Enerplus Trust (ERF) at 17.19,
(b) full wack of San Juan Trust (SJT) at 13.05,
(c) few dollops of Agnico Eagle Mines (AEM) at 11.93, and

Shorted
(d) load of AEM May Put 12.5 and
(e) bunch of AEM May Call 12.5.

Chugs, Jay

Note to Maurice: Maurice, by staying in QCOM, USD and Kiwi cash, you will be gibletized, diced, and smoked. Get out now, and repent!



To: pezz who wrote (25538)11/21/2002 4:01:40 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello Pezz, Today's Report: exchanged a dollop of cheap Japanese mullah for a wallop of expensive Mitsubishi Estate at Yen 879/share quote.yahoo.co.jp , may hold it beyond March 2003, perhaps not.

Chugs, Jay