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

To: Jorj X Mckie who wrote (26552)	12/27/2002 3:51:54 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Jorj, <<thread ... Groundhog Day>> Subject 52715 Ahem, when will you be ready with the royalty check:0) Message 17282512 April 3rd, 2002 ... On Q2 <<what did each side of the world say to the other regarding the question of recovery?>>: My partner follows his anecdotes with laughter, bravado like, and adds "both sides are looking at each other's backyard across the Pacific, see nothing, and so can only wait". On last comment <<a story with no end.. or... is it open ended?>>: I think this story has an end, and we know the end, but then it loops back to the beginning again, sort of 'GroundHog Day' like. Next time around we of the thread will not need to post at all, but just refer to our existing posts starting from 1996. Chugs, Jay

To: Jorj X Mckie who wrote (26552)	12/27/2002 3:55:51 AM
From: TobagoJack	Respond to of 74559

Jorj, <<The excesses in the economy need to correct. It is healthy for them to correct. Prolonging the process by fighting the natural progression only causes more pain.>> ... yup. Message 15113604 January 3rd, 2001 Regardless of the prophecies and sagely council, the simple observable facts are exactly that … observable. The barbarians are laying siege to all the previously unassailable fortresses and forbidden sacred grounds. First fell the Microsofts, sabotaged by the locals; then fell the Amazons, followed by the Lucents, Banks, Intels and now the Ciscos. The drinking water is poisoned by debt. The air is thick with the screams from the rampage and melee. The gates of GE are burning. Finally will fall the Coca-colas, Mercks, Real estate and with it the mighty Dollar. The barbarians’ mopping up operations may exact a similarly heavy toll again by percentage (NAZ to 1400) on the already weakened, depleted and ransacked fortresses. Then, and only then, it will be time to buy, buy blindly, without fear and regret. A miserly, miserable and all expected 1% interest rate drop by Al Greenspan will not be able to stop the bleeding, but only give a final wink of hope before the candles gets snuffed out by the simple lack of oxygen and the will to “buy and hold”. What may delay the reckoning will be a massive and unforgivable release of real liquidity that will replace the vaporized trillions of false value. This is how bear markets work. Welcome to the brave new world of 2001 where there are no forbidden grounds on which the barbarians dare not tread. Chugs, Jay

To: Jorj X Mckie who wrote (26552)	12/27/2002 12:03:34 PM
From: LTK007	Read Replies (1) \| Respond to of 74559

Max vents-rant on Max:) The steady leakage of outflow from Mutual Funds is a bad omen. The house refinancing binge i feel is getting tapped out. Keynes suggested once 'to pay people to dig holes and them fill then up again'. We are in the end getting to the point where we need pump money into the consumers with more tax-cuts(at a time when we are diving into deficit in order to "save" the world, this is a formula i suggest that might be a formula for creating a Black Hole). What i feel people are not getting, it just doesn't penetrate; consumer spending is NOT a given, that is fact. The concept that consumers eternally will spend and will not start thinking otherwise has no basis in fact. It is merely a MINDSET of this generation--i have heard numerous talkin head economists say regards the consumer being under pressure 'o that is not a problem, consumers will ALWAYS just keep spending'. I see a ship of fools speaking in brainwashed ignorance. This present generation has flunked economics 101 miserably and as a result the once snowball on the mountaintop is getting to greater and greater size. i can see it in my mind, getting larger and larger. And the source of all this is a country that believed the market was going to be an eternal "Sugar Daddy", it was an a stupid conception from the start, but it SOUNDED good and that was all that was required. Hell they got to live the most blessed 20 years in human history, now it is payback for forgetting all the rules. Max