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

To: elmatador who wrote (26274)	12/18/2002 6:05:08 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi Elmat, <<Bust is here ... start a discussion ... how to live and profit through it>> Yes and yes. <<1) Abracadabra ...wait for the tornado to pass ... 8)Resurgence of the artifacts of the pre-1997 boom?>> That will be eight more yes's. It is 6:45pm. My wife (sharing my office until she finds her own) and I are still stuck in our office, each doing too much year-end business activities, with deadlines to meet, and all lines run from tomorrow until December 24 noon. Such is the sad state of the Hong Kong working men and women that they cannot attend a fun party given by friends tonight to bring in Christmas cheer. The Soca music from the Caribbean is playing on the office music system, turned down whenever phone calls are in effect. Actually I am done for the day, but am waiting for wife, and eventual dinner. The gold abracadabra that is in progress now still has a bit of room to run. Cooking delicacies sometimes involve extended hours of slow cooking over low heat, bring to a gentle transformation of the cooked object, heightening its ability to arouse the senses:0) I received a new product flyer from ABN AMRO Bank, offering a structured product denominated in NZD guaranteeing 10% and return of capital in 2.9 years. The product will return either 10% or over 10% depending on where the price of gold is at the end of 2.9 years (with 77% participation on any rise in gold price from here on out). If gold rises 24%, the product will pay back 18.48% plus return of capital, but in New Zealand Dollars. Apparently more gold-backed and/or gold affiliated financial products are in the pipeline. This financial marketing trend bodes ill for the 3D future, but good for gold, as it requires the use of gold for nothing more than simply resting in deep vaults, not aging, and certainly not fashioned into anything remotely more useful than blocks, playing its role as the one true money that rules over all cash;0) I can see it now, gold-backed money market funds, bonds, insurance policies, other derivatives, and yikes, a novel thought, gold-backed currency! Give it time, be patient, much as we must when cooking fattened game birds wrapped in layers of banana leaves and mud, buried in a trench surrounded by hot volcanic rock over 24 hours. When done, the aromatic meat will simply melt off the bones, soaked in herbs, spices and its own fat. I think I just decided on where to go for dinner tonight. An excellent little nondescript curry house down the road from my office. Chugs, Jay

To: elmatador who wrote (26274)	12/18/2002 12:06:39 PM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

>>OK everyone agrees: Bust is here. Now what?<< You must mean "Brazilian bust is here," elmat, because there is no bust in the US. On the contrary, in the US we have: 1. Slow recovery from mild recession. 2. Very moderate unemployment - the lowest level of unemployment (~6%) at this point in the economic cycle for a very long time. 3. Robust increases in real incomes. 4. Negligible inflation. 5. High productivity. Within the big picture, the telecomm & high tech sector is suffering badly, and laid-off workers in this sector could be forgiven for feeling that the US economy is in a bust, but the plain fact is that it is not. As to what you should do - I for one would not take Jay's side of the wager offered to him for an all expenses-paid South Pacific vacation that the DOW will be lower at year-end 2003 than at year-end 2002.

To: elmatador who wrote (26274)	12/18/2002 11:54:32 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

ElM, <The Bust is here. What we have to tune the discussion is around how to live and profit through it. 1) Abracadabra 2) Tie yourself to the palm tree to wait for the tornado to pass. 3) Buying from the ones crying to sell. 4) Dung beetle feeding on the elephants poo 5)Renationalization of assets 6) Turn the lights of the bar so that you run away without paying the bill? 7) Concoting a "war", threath or Bogey man? 8) Resurgence of the "Asian Century", "Asian Values" and other artifacts of the pre-1997 boom? > It's so nice to see that you are building CDMA networks in Bangkok [and vicinity]. You have seen the phragmented photon cdma2000 light sabre opportunity. Jay, notice that he is gainfully employed in producing more cdma2000 photons and NOT in digging in the Brazilian jungle to extract more of the Aztec artifact stuff. ElM is busy with the new Abracadabra. He is tied to the palm trees [fake palm trees are excellent for concealing cellphone towers to retain cityscapes and add to them - no roots to damage footpaths, no falling coconuts to injure passersby, no maintenance cost for ratepayers]. He is tied to the palm trees so he doesn't fall while installing the antennae. China is buying from Samsung and many others who are selling cdma2000 equipment and are crying out for employment in developing and producing more. QUALCOMM is happy to supply them all. They are thrilled to buy. Many dung beetles will live on the cash flow emanating from the cdma2000 tornado and development of It. Hordes of humans will hold on for dear life. Maybe some assets will be taken over by governments, but the tax take from cdma2000 might be enough to keep them happy - killing the goose laying golden eggs around their country wouldn't be all that smart. The bars will be well lit and the light from the cyberphones might be sufficient to illuminate the scene as well as the minds of the denizens. The cyberphone methanol fuel cells will keep the place warm: 50 people with 100 watts each = 5 kilowatts plus body heat. War? What war? Wars aren't much benefit to cyberspace. The Asian Century? Well, there are a 2.5 billion just in India and China. Throw in Japan and a few places and that's half the world. They love cyberspace. They like electronic gadgets. They'll go straight to the lastest and greatest [such as you are installing] without bothering with a century of twisted-pair. So, to live and profit through it, grab hold of the bandwagon. Mqurice