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


To: TobagoJack who wrote (28729)2/12/2003 11:13:59 PM
From: Moominoid  Read Replies (1) | Respond to of 74559
 
Hubei? or is it Hebei? Those names get confusing....



To: TobagoJack who wrote (28729)2/13/2003 9:17:37 AM
From: Jim Willie CB  Respond to of 74559
 
thanks, Jay... clears up the USTBond issue

totally agree on inflating debts away
it screws current debt holders in a big big way
but it sets up easier credit terms after the screwjob ends
since rates are higher and likely to come down later

I think this imminent screwjob is fully anticipated by foreigners
Arabs went thru the same drill in the 1970 decade
we convinced them to recycle their petrodollars into USTBonds
they did, but we inflated their value down
Arabs remember

Asians were along for that ride also
big trouble coming
they all are now well aware of this American backstabbing tactic
they will sell US Trez, raising rates
offsetting force is US stockholders seeking domestic safety
in time, maybe not much time, foreigners will overwhelm US domestics, and rates will rise
that is my prediction: surprise longbond rate rises

thanks again
isnt ShiJia near Cincinnati?
/ jim



To: TobagoJack who wrote (28729)2/13/2003 5:42:51 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
Jay, I spied some hairy ankles again today. siliconinvestor.com It was an intra-day multi-year low at $21.30. We need to go back to 1997 to find that price.

If we look back along the beautiful Mt Fuji shape [actually, more like Mt Taranaki, nee Mt Egmont - where Tom Cruise is filming Last Samurai, which is an appropriate name for what's going on in the world], we see that a mirror image would give $14 a share later in the year. Then, as debt unwinds further, we might see even lower figures, such as $10 a year or so after that.

But Uncle Al is shrinking the measuring stick very quickly, so the battle between deflation and Uncle Al's magic measuring stick shrinkage might mean it doesn't actually carry on down.

But I do want to see if there really are hairy legs on GE.

Mqurice

PS: You have been most courageous to carry the QUALCOMM risk over the Iraqi and Armageddon chasms. $33 today. Ouch! I wonder if you bailed out with stop loss orders and other trading ideas. I suppose your double-backed derivatives straddle means that you are even better off. Yes? Meanwhile, Gold did indeed hit a peak at $380.

Now, Uncle Al KBE is showing who's who around the joint.

A similar beautiful shape to the Mt Taranaki/Fuji form: siliconinvestor.com but with a crater on top.