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


To: Maurice Winn who wrote (29219)2/27/2003 2:00:17 AM
From: TobagoJack  Read Replies (3) | Respond to of 74559
 
Hello Maurice, I am at my Beijing office, a rare event, and I have 4 Acer PCs hooked to broadband to play with. I am waiting for the 3-hours train trip to ShiJiaZhuang, to sign some papers tomorrow and then return to Beijing, and wait for a delegation of China investor wannabies for a train journey to TaiYuan and LuoYang, the interior of China, then flight to the bright lights of Guangzhou.

<<... if I focus on the cash portion of our assets>>

I do not need to but will remind you that as the companies are going down the gurgler in droves, tracing out chart patterns like a flamed-out rocket, it would be wise to stay out of the direct share ownership market, and hide in cash.

Given that the economies are tracing out chart patterns similar to that of companies, one ought to play the economies just as if they are individual stocks, via dancing amongst their respective currencies, as these currencies grind against each other to TeoTwawKi.

For example, I made mucho money in EUR and AUD, and now I intend to do it all over again via AUD and CAD, even while heavily flirting with that one money that rules over all cash, gold.

<<There are always lots more opportunities coming along>>

I thank the markets for that, allowing me an undeserved profit at every turn, unfortunately many times at someone else's loss. You know, zero sum game and all that mombojumbo you refuse to accept as truth.

Chugs, Jay



To: Maurice Winn who wrote (29219)2/27/2003 2:51:10 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Good afternnon Maurice, On this ... Message 18633334
<<... still some people trying to get Green$pan ... I suppose it's all part of the grieving process. steps of grieving, "the process":
1. Denial and Isolation
2. Anger
3. Bargaining
4. Depression
5. Acceptance

...
Thinking of the bear market in terms of The Grieving Process, maybe we have got a way to go. We are mostly through the anger stage, but haven't even started recession, let alone depression ... Hmmmm. I suppose this means that Dow 16,000 is still some time away. Maybe 2 years or more?>>


You are of course wrong, right, wrong and wrong again.

We are not done with denial yet.

You are right that the recession have not officially started, but wrong that the anger stage is over. I say the true anger stage have not made an appearance yet. Be patient.

You are also wrong about Dow at 16k in 24 months time. More likely 6k at that time, just starting to recover from 4k. Again, be patient.

You really do need to rethink your strategy of sitting perfectly still, in the middle of the financial death match arena, hoping that time will help you out on situation that choice got yourself into. Hoping that the flying rockets, and lasing lazers do not hit you.

You, like a warrior in my Unreal Tournament arena, need to move, move fast, swish, swerve, duck, quack, yell, scream, jump, and hide, scoring maims, accumulating kills, collecting frags, and hoarding health points and ammo.

At the rate we are going, you would be netting out zero gains over five years, and I, 8% per annum over the same 60 months.

Repent, Maurice, do the NToeAwsB, as we approach TPonRr, on the way to TeoTwawKi.

Chugs, Jay