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Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (152)	10/30/2003 5:16:14 AM
From: Apollo	Read Replies (1) \| Respond to of 2955

>>>1. The economy is awash with debt at every level. 2. We are exporting or have exported our manufacturing and service future. 3. We have basically become a big financial services supermarket. <<< Recently read a book on the Coming Real Estate Bubble, which focused on your listed 3 points. Total debt by Fannie Mae and Freddie Mac is astounding. According to the book, the economy is based largely on every one loaning money to each other. Pretty depressing. According to the book, other than Treasury notes or some Treasury dependent financial instrument, the collapse of the dollar will leave little space for safety for anybody. Those invested in Biotech or in debt-free companies will get creamed along with the rest of the market, I think. Just look at the Gorillas, even QCOM, with little or no debt. One strategy for the individual is to eliminate personal debt of all types. Kind of the reverse of what has been taking place as it relates to mortgage refinancing, from what I can tell. However, the US has been around for a while now. Historically, (maybe tekboy can comment on this one) the US has been faced with one crisis after another. But to date, it always comes back stronger, carving out new economic niches and relying on the ambitions and will of immigrants to fuel progress. Thanx for your comments. What should be the early clues for investors leading up to collapse of the dollar, in your opinion? Apollo