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

To: TobagoJack who wrote (36039)	7/12/2003 9:38:56 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

Jay, I'm busy like crazy. Just a few minutes to peek at BBR. No change in the landscape. The sack seems not to have a bottom. "The bottom is little lower" as we say in Brazil.

To: TobagoJack who wrote (36039)	7/14/2003 12:09:16 PM
From: AC Flyer	Read Replies (4) \| Respond to of 74559

Hi Jay: >>ACF Mike's return is primarily due to a rising stock market that has lifted his spirit<< Well, it's true that my laissez-faire 100% long, boring value-oriented US equities portfolio is within spitting distance of its all time high, reached March 2002 or thereabouts, but... What got me going again was a statement recently posted here that "US growth (is) fiction." This thread carries a broad streak of economic zealotry. The zealots' fixed ideology is that the US somehow "deserves" a never-ending recession as punishment for its late-90s excesses. I am here to tell you it ain't so. But go ahead, hold those gold stocks and sundry bearish positions.