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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (1144)5/12/2003 7:25:40 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 4907
 
indeed. and in fact, they look for opportunity in times of corrections to excesses... but more importantly they look to protect existing assets from the implosion of inbalances.

being bearish is not some exercise in qualitative bashing. it is what any good money manager does to protect capital and grow it if possible.

i don't know why people get so irate. if more people did more of this kind of thinking... things probably wouldn't be nearly as bankrupt as they are.

so it goes.



To: Mike M2 who wrote (1144)5/12/2003 9:25:52 PM
From: LLCF  Read Replies (2) | Respond to of 4907
 
Even in the 30's markets rallied for entire years.... in not trading those rallies some think is a weakness. I have no problem sitting around on my cash and making selective plays [O&G, GOLD,EURO, $CD, a few bombed out bonds] all have been wonderful for instance and publicized here as a place to put money... . PIMCO has been super and he's got my point of view. If I underperform 'the averages' this year I think it's OK. :)

Doesn't mean I still don't think a depression is coming [Weimar, worse!]. NFG

DAK