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

To: TobagoJack who wrote (34774)	6/6/2003 4:47:06 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Well, I was just making sure Rachel's website worked properly [the thumbnails don't enlarge when instructed and she might like to fix that]. Meanwhile, I've taken some fairly large steps when deciding that I wasn't quite in the right place [over the last 3 years - one of them a very large step in the wrong direction which required very large steps to recover the situation]. I'm ready to make some more steps. I just need Uncle Al to work his magic for a few months more and then start raising interest rates to stem the mania before it turns to bubble. Which will result in some over-indebted companies needing some of my financial support [as buyer of last resort]. I am not convinced that we are nearing any event horizon or singularity or cascading collapse. I think Uncle Al has done a masterful job, as predicted 4 years ago now. On the contrary, I think we are almost through the tidying up process - possibly with one year still to go. Mqurice