Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (34764)	6/5/2003 11:21:59 PM
From: Cogito Ergo Sum	Respond to of 74559

Now that's funny... For me leave the Chinese, substitute Irish for French and French for African.... ;O)

To: TobagoJack who wrote (34764)	6/5/2003 11:32:48 PM
From: Box-By-The-Riviera™	Respond to of 74559

ROFL! so 43 can't dance?

To: TobagoJack who wrote (34764)	6/6/2003 12:32:39 AM
From: elmatador	Respond to of 74559

day of reckoning is likely to come sooner in the US. <<day of reckoning is likely to come sooner in the US.>> news.ft.com European Central Bank Published: Jun 5 2003 19:59 \| Last Updated: Jun 5 2003 19:59 The European Central Bank has been driving for so long with its eyes glued to the rear view mirror that Thursday's sudden eyes front came as something of a surprise. The ECB duly cut its key interest rate by half a percentage point, as expected, to 2 per cent. But Wim Duisenberg, the ECB president, went much further: inflation is expected to fall significantly in 2004, and the ECB has plenty of room for further manoeuvre. A bond investor could scarcely have asked for a clearer signal to maintain his long position. In the US, a similar case can be made. The "Greenspan put option" once enjoyed by equity investors appears to have been transferred to the fixed income market, with the Fed implicitly promising not to raise rates, even once economic growth resumes, until disinflationary forces have been headed off. Yet the prospect of a stronger economic recovery is a respectable forecast in the US. In the eurozone, by contrast, the data remain consistently weak and the appreciating currency - normal service resumed on Thursday, with a 1 cent rise - continues to weigh on growth. The ECB is still behind the curve, and its interest rate cuts are barely transmitted to the eurozone's largest economy, because the fragile German banking sector is still busy raising lending margins. In the medium term, governments may be offering return-free risk, rather than the more conventional risk-free return - in a phrase popularised by James Grant. But the day of reckoning is likely to come sooner in the US. For now, the bull market for eurozone bonds remains intact, with little near-term risk of a reversal.

To: TobagoJack who wrote (34764)	6/6/2003 3:47:15 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Portuguese-Maghreb-Jewish-New Christian-Brazilian. Boy I am more complicated than that, Jay! New Christians are Portuguese Jewish forced to become Christians (or fled) during the XV Century Inquisition. They had to take names of animals, things or trees: Coelho, my surname, means rabbit. Maghreb because they came across Gibraltar to have a look and stayed on Then Brazilian, because as my father uses to say: disgrace in small doses is sillyness :-) The Jews fled the Iberian Peninsula to escape the inquisition at the end of the XV Century. Their descendants, traders and Businessmen in Gibraltar and North Africa, were invited back to Portugal by the Marquise de Pombal to help rebuild the economy after the devastating earthquake in 1755.

To: TobagoJack who wrote (34764)	6/6/2003 4:29:31 AM
From: Maurice Winn	Read Replies (3) \| Respond to of 74559

Jay, <and then make a run for it.> It's a species thing rather than a racial thing. Though it is a race thing; the human race has a natural inclination to run for it. They run from the rat race mayhem to safer places. It's a race. Last one is dinner. We need only look at naked specimens to see proof that we are designed to run. The natural beast is a walking dinner. No scales, fur, horns, claws, poisonous emissions, armour and our teeth are pathetic little things suitable only for eating yummy gourmet food, not for hacking into the jugular of threats. But, we do have lengthy legs and the ability [in our natural, fit, hunter gatherer state] to run a long way and for a long time. More so than nearly all animals. Running for it is our natural state. Too many people have the distorted idea that it's good to stand and fight, stick up for themselves and confront disaster head on. They are sacrificial humans for those directing proceedings from the rear ranks or a hill in the distance or a bunker back home. New Zealanders are all derived from stock which knew to make a run for it. Nobody has run further. Polynesians, Chinese, Euros and others have fled to the most distant and isolated place possible, while retaining some civilized standards, albeit somewhat provincial. When things go wrong, we Kiwis know what steps to take. Good, big, quick, long ones.... Mqurice