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


To: TobagoJack who wrote (44563)1/12/2004 11:54:09 AM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
Well Jay, my little Tonka Truck of US$ has certainly experienced just what I wrote would happen: Message 16217094 Which I'd first ranted would be happening back in 1999.

Even good old Dow 16,000 is swinging back into view, like a craggy peak for daring mountain climbers to scale.

For a couple of decades, I put everything on the nose and for the most part, did well from backing my convictions. The little insurance policy of some US$ cash was a waste [I don't usually have any insurance; no medical, car, property or other as it's a waste to bet that I'll do something stupid and somebody else bets that I don't and I pay for fraudulent claims, salaries and taxes on the salaries of those in the insurance companies, rents etc].

If I'd been wrong, I might have been quite happy to have some actual money. When I walked into the gold vault and ogled the Aztec totems, I could have bought heaps at $323. It would now be $423, which is better than a poke in the eye with a burnt stick. Oh well, QCOM at nearly $60 is quite some consolation. So is the Kiwi$ real estate. Giggle.

Money is certainly a nomad as you say. A bit like neutrinos; abstract, slippery little guys which zip around and are hard to pin down. A dark matter which dominates the universe though being invisible when walking around looking at stuff. A PIN, a few clicks and a surge of energy flows through the aether, redefining the world and as you say, citizenship.

Mqurice