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


To: TobagoJack who wrote (39770)10/18/2003 12:40:08 PM
From: Maurice Winn  Respond to of 74559
 
Jay, a few years before they made those comments, I had already figured out that that's exactly what they would be doing and in May 1999 I figured that it was going to be from any time on.

I have been a long time waiting. As predicted, other than the whole process has run more slowly than I thought, they have followed the script I figured they would. Because there was no other sensible thing for them to do.

They will raise interest rates. I think soon, though they deny it. Economies are booming along with real growth and inflation, not deflationary implosion, the likely outcome of the current situation, thanks to the pixelation process and helicoptering of cash.

While I've been diluted, the demand for dollars continues to grow and inflation is negligible and not far from deflation [house prices, insurance, medical costs notwithstanding].

Either way it goes, I'm positioned to not worry and be happy. Certainly not panic. I'm more worried about a meteoric splashdown in the Pacific Ocean rendering vast tracts of Pacific Rim uninhabited. Now THAT would make me panic and I know it's coming - I just don't know when and how much resource to allocate to it. Living 70 metres above sea level and behind some 200 metre islands and a few kilometres inland should help. How's the beach looking out your window?

Mqurice