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

To: Raymond Duray who wrote (36068)	7/14/2003 12:34:51 PM
From: Louis V. Lambrecht	Read Replies (2) \| Respond to of 74559

Ray, U.S. no longer has a manufacturing base?? Who is gonna print the greenbacks? LOL. I was reacting on the PPT. Vs. the new onothodox way to move the markets: press releases. As for prospering, as long as there will be buyers for Dollars I see no problem. Err... I see one, people will be buying Dollars longer than I will remain solvent. I must be on the good side of the fence; too early as it seems.

To: Raymond Duray who wrote (36068)	7/14/2003 12:55:15 PM
From: LPS5	Read Replies (1) \| Respond to of 74559

"Progress is cumulative in science and engineering but cyclical in finance." --James Grant Faithfully, and true to form, wrong. What he said in his 1992 book - since you're quoting, and not paraphrasing - was, "[s]uch progress as we have in finance is not cumulative, as in science, but cyclical." Keep trying, LOL. LPS5

To: Raymond Duray who wrote (36068)	7/14/2003 1:30:03 PM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

>>The banks and INTC can not prosper in a future where the U.S. no longer has a manufacturing base.<< Damn straight. In fact, the banks and INTC can not prosper in a future where the U.S. no longer has an agricultural base. Where did all those good agricultural jobs go, anyway? We should all call our Representatives and tell them that we need to return to the good ol' days of the 1850s, where 90% of the workforce had good agricultural jobs, paying a living wage that could support a family.