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

To: TobagoJack who wrote (28745)	2/13/2003 7:45:31 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

<Each one of us is like an insect on a juicy host, one must find the powerfully pumping vein, by sensing its telltale pulse, and tap into its nutritious energy. Any nobler self-image is self-delusional.> Well, that opens a philosophical vein of immense riches, but I'm about to go 3D. So, I'll have to leave it for now. But, before I go, of course I disagree. Though paradoxically, it's true. It's a bit like it's irrational to vote, measured by one's self-interest, but being worth doing it anyway. Mqurice PS: The official stream definition "If you hold, you are buying" might be true here, but in the NZ taxation world, it's not true. They might show up with guns. You won't. Therefore, I prefer the NZ taxation authority meaning of life.

To: TobagoJack who wrote (28745)	2/13/2003 11:32:29 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

The Bust is already completed. The Bust is already priced in. Dollar devalued 21%. The 50 biggest stock exchanges have lost USD4.7 trillion on top of the USD9.8 trillion result of the bubble bursting. Gold already jumped from USD282 to USD372. Gold, the last refuge of the savings in panic, climbed 32%. Oil, war currency, jumped already 77% from USD19.10 to USD33.60. Oil can't climb more. Brent above USD35 for months will cause a wave of conservation and search for alternatives. Now what, after Axis of Evil results are already priced in? Equities? Do you want to buy a share on the companies' debt to its soon to be pensioners? Or do you prefer to buy a share on the companies still with lots of goodwill write downs plus write downs of foreign investments propped by the bubble? This thread should be thinking real hard on what is going to be the next 18 months.