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

To: Canuck Dave who wrote (42300)	12/1/2003 10:02:58 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

Canuck if one, suddenly, gets his livelyhood affected from someone making what you do cheaper, then it is a signal that your past occupation was protected from the market. This happens with agriculture when the livelyhood of farmers are protected by tariffs and non-tariff bariers. It is like being an apartment cat. The owner provided shelter, bath, veterinary, and provolone cheese. You only had to purr and be nice. Then one day the cat is thrown on a dark alley. It has to fight for its own food., And the food is live mice, and there are other cats which are stronger, tougher, meaner and can get their own mice and take yours too!! But pretty soon, the cat reassert itself. Since it has everything the other cats have, (unless the owner chopped off his balls) it can out there and start getting the mice, turning trash cans and beating the shit out of the other cats.

To: Canuck Dave who wrote (42300)	12/3/2003 8:27:07 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello CD, I have no particularly useful suggestions on ways to pass this time of incredible dynamism and geo-socio-econo-political perturbation which I interpret to be the process by which we travel past TPonRr and navigate towards TeoTwawKi. I do however have some unhelpful hints ;0) I note that we individually must make a determination of what is the most productive use of our time, not (never) on the basis of net societal macro gain, but (always) in terms of aggregate personal NAV augmentation. Before making some more suggestions, I peremptorily defend myself against possible charges that I am a selfish, shortsighted and graspingly greedy speculator without any social redeeming value. I figure that by doing well for ourselves, we can choose to not be a rotting drain on society, and by sharing our gains with society through necessary spending, we are a net-positive :0) Here are some more suggestions for our collective journey to TeoTwawKi: - Enjoy the travel, - Learn from the experience, - Gain from the journey, and - Generally have a good time I am worried about “Regression to Mean”, as in the process whereby our grasping becomes ineffective and our grabbing becomes less fruitful over time due to us having reached our limits, gone beyond, and messed up, or everyone else smarts up and reduces the available opportunities in the market place, or when we become paralyzed by our fears. Chugs, Jay

To: Canuck Dave who wrote (42300)	12/4/2003 10:58:31 AM
From: Roebear	Read Replies (2) \| Respond to of 74559

CD, we have a mixer made in the US in 1942 Indeed, in my family was a GE refrigerator from that year, still operating (now as a spare) without a hitch all those years. Thinking of that one, I purchased a GE refrigerator about 5 years ago and it can barely keep operating in the summer unless I turn the AC down to 72 degrees F. POS and I don't mean the price of silver. OTOH, I have no idea how many parts are of foreign manufacture. But obviously improvements in technology, productivity, outsourcing or what not, have not helped GE improve their refrigerators in 61 years time. I have been through occupational obsolescence a few times, always saw it coming, always moved onward and upward. Never pleasant, even if it turns out well. Still I, like Jay, do find it odd, even while I do it, that one can make a living or add to one's income by tapping a few keys. Looking at that process with eyes from the past, it is both magical and incongruous. But my suspicion, hinted at by Jay, is that this too will become obsolete. We have perhaps 5 or 10 years before this occupation, as we now know it, passes into the dustbins of history. Best Regards, Roebear