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


To: Ilaine who wrote (27945)1/27/2003 1:23:15 AM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
CB, it's like the second coming. Every few years, people rush up to the top of mountains - only to be disappointed. 3 years into a crash of epic proportions is a long time to wait for something serious to happen. People will get bored waiting.

The Dow is only down to 8,000 from 11,000. That's barely out of the ordinary. 9,000 would be the annual variation we should expect. Another 10% to 8,000 isn't worth writing home about.

It has only been the Nasdaq and the Biotelecosmictechdot.coms where anything significant happened.

Mqurice



To: Ilaine who wrote (27945)1/27/2003 3:34:27 AM
From: TobagoJack  Read Replies (3) | Respond to of 74559
 
Hello CB, <<"the coming crash of 2001" ... it's 2003, the old title is less relevant than ever>>

I had a lucky guess, as I seem often likely to do ...

http://www.siliconinvestor.com/readmsg.aspx?msgid=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: Ilaine who wrote (27945)2/16/2003 3:58:54 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello CB, Thinking of you.

You predictably posted this Message 18586236
Saturday, Feb 15, 2003 7:34 PM
... I will never buy anything made in France again, ever.


I posted this (written at least a full day before your post) Message 18586475
Saturday, Feb 15, 2003 8:52 PM
... While I am tapping on my keyboard I might as well ping CB ...

Hello CB, Ping! Are you there?

A serious question about your Range Rover or Land Rover, produced by BMW, owned mostly by Germans, worked on by the British, that, as argued by some crowd somewhere at some time, serve to finance terror and reward evil.

Are you perhaps ready for a Buick by General Motors owned mostly by Americans and worked on by the Chinese?

Are you considering boycotting German cars and French bags, a movement that seems to be gathering steaming hoards of chanting followers as shown on CNN in Holiday Inns in China?

What happens if Italy decamps from the chicken hawk camp, as its electorates may push to do? More boycotts? Back to something or other crawfish?

BTW, your favored Bernanke's program of reflating what must inevitably deflate is sending too much loose and idle cash my way, resulting in CLSA, that esteemed French organization quoted by you not so long ago, to upgrade Money Rock Hong Kong share market from under to over weight, anticipating both abracadabra and for good measure, TeoTwawKi.

Will you continue in your possibly hari-kari way of holding Greensputin fiat, much as the Japanese held on to their emperor’s paper, or will you hedge, even if by just a bit, having to choose either that most unfriendly Euro, or the very troublesome gold.

Maurice and CB, when will you two act on Greensputin's recent explicit warning about "the point of no return” (“TPONR”, pronounced T-Pon-Rrr) in regard to manic federal deficit spending, troublesome debt load, weighty interest payment, and presumably, by this listener's interpretation, leading inexorably on to the inevitable and ordained TeoTwawKi?

Given Greensputin’s record on timing, with “irrational exuberance” and such musty thoughts, we may have up to 5 years before the event singularity T-Pon-Rrr, marking the progression continuum of TeoTwawKi.

OTOH, I agree with CB. TeoTwawKi does not have to hurt much, if at all, and should be exploited, at the crest of the crimson deluge, as many times before.

For example ...
...

What a mixed up world we live in, where up leads to down, and down leads to up, ever changing, and where bigger bubbles lead to larger bangs, with each day a new TeoTwawKi day.


What I do not understand is why you have singled out the Champaign sipping French, and not the sausage scarfing Germans.

What in your view is the difference between the French position and the German contention, is it because the former makes Champaign and the latter owns Range Rover, or is it because one does not back the US position and the other is not fronting for the US?

And what happens if and when Tony of UK ends up agreeing with his neighbors, countrymen, and press?

Chugs, Jay

FYI, my personal position on the Iraqi situation is practically thus Message 18587146