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


To: TobagoJack who wrote (46502)2/20/2004 7:39:05 PM
From: pezz  Read Replies (3) | Respond to of 74559
 
Today's non report...Small caps took another hit today...I'm gettin scared.



To: TobagoJack who wrote (46502)2/20/2004 9:16:56 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Digesting the last three days. Too much happenings in two days? BE SUSPICIOUS!

1) France, Germany, UK PM's met. (Of course they concocted an action to hold the USD for a while but are not stupid to tell the markets they were going to meet for that purpose.)

2) Inflation ticks up by 0.5% on a seasonally adjusted basis (who's surprised given the recent run on the USD?)

3) Japanese officials raised that country's terrorist alert to its highest level. (good to keep people at their tip toes now that they have some soldiers in Iraq.)

4) Enemies start shooting at Lula's government team (not because it matters but adds a dash of emerging market flavor to the plot.)

Nothing to worry about. Let put it in a simple way: This is those first 5 minutes of the James Bond film which always start with a daring sequence to set the stage for the whole film.

In the markets' case the "first 5 minutes" is preparing the stage for the next 8 months: The action should be controlled to send the right messages, quiet down the right people, scare the clueless, keep the ignorant populace in their tip toes, fleece the naive and the same clique gorging, the hoopla out there just a little noise coming through their window.



To: TobagoJack who wrote (46502)2/21/2004 6:00:20 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<Shanghai GDP grew 38% in 2003, and is currently at run-rate of above 60%.>

Good grief! That's amazing. They are going to buy a LOT of CDMA.

I hope those numbers weren't from too much wine at dinner. Things can get over-enthusiastic with a bit of fueling from alcohol.

Mq