Hello ild, <<… you've come up with a brand new investment theme "Sell Everything, Now, for USD">>
I did not come up with it but aggregated the elements, it is not exactly new, but I am afraid that it is in fact the thing to do, for now.
My 2004 adventure started here achamchen.com and I thought 2004 might be so achamchen.com .
As the situation rolled over me, I reminded myself achamchen.com and started to fear, not about losing what I undeserved gained in 2004, but for what I already closed the book on in 2003. 2003 gains must be protected just as 1999 loot must be hidden achamchen.com .
I then moved, in earnest, at speed, full of fear, devoid of conviction, because conviction kills, even as the January script appears to be playing out for I am not certain what reasons achamchen.com .
At times, under emergency conditions, my duty to self is not to (a) tell the market what to do, (b) figure out the rationale of the market place, but is to (c) move, and move fast, into the darkness, away from the light, in the opposite direction of the screaming, as the wild boars rampage through the crimson mist.
You see, I like to worry, earlier the better, and then wait and see :0)
Anyway, as I was ranting about moving and moving fast, while the moving is still easy:
achamchen.com
achamchen.com
… and while I am moving I am pondering (I can move, fast, and ponder, furiously, at the same nasty time, when events start to get mean :0) -
Message 19898584
Message 19903883
Message 19907434
Message 19907657
Message 19907682
Message 19907764
Message 19911658
So, today, I am here achamchen.com
[EDIT: about half way down this page, on the right hand side, you will find a video done in November 2002, and that, I believe, is still the primary script, after the obligatory USD bounce up ends in an inexorable USD decline]
Chugs, Jay
Reference earlier worries:
http://www.siliconinvestor.com/readmsg.aspx?msgid=16037818
July 6th, 2001
It is mid-night here and I am up still, looking through the sniper scope, in silence. Chugs, Jay
Message 16037875
July 6th, 2001
Crimson tsunami. Commotion. People screaming for an emergency FED cut. Bureaucrats and gurus saying all is well, and that the low was in first half. More screaming. The killer hogs are about to be released into the crowd. I close my eyes.
Message 16037941
July 6th, 2001
No use for emergency cuts. Regular cuts will do as well; because the market has already discounted a zero percent policy in the planet's largest creditor country, and thus implicitly the market has already discounted at least another 250 basis points of cuts in the largest debtor country. The market has not yet discounted the collapse of the principal embedded in the few mega shares (GE, FNM, C), the debt market and the dollar.
Message 16040170
July 6th, 2001
Our Maestro in FED,
hollowed be thy name,
thy kingdom dumb,
thy cut will be done in New York as it is in Tokyo.
Give us today our daily cut.
Forgive us our mounting debts,
as we also have forgiven our bettors.
And lead us not into temptation again,
but deliver us from the evil FED.
May the margined faithful gently go below the waves, weighed down in soggy scripts, in silence, without disturbing the rest, in peace, and in pieces. Chugs
Message 16040265
July 6th, 2001
Hi Joel, I am going through the news items as part of my morning prayer exercise, and a scary thought occurred to me (yes, I have them some times): what happens if the US devalues the dollar, but the other nations do not let it, and devalue right in sync? Which is most likely what they will do, from Japan, to China to Euro, because all are as weak or weaker. Then we will be in real real trouble, as opposed to real trouble.
Chugs, Jay
Message 16040577
July 6th, 2001
Hi Joel, I think, scarily again, that in the event of USD devaluation, and the deliberate synchronous Yen, Euro, Yuan, Baht, Peso, ... devaluation, the outcome would be truly New Ec, as in global deflation for manufactured goods due to the emergence of China as a manufacture base for all things electronic, Japan and Korea for all things on wheels, and India for all things software (these countries were not in play in 1929), and global inflation for all things petroleum and gold, due to lack of faith in the global currency USD (this USD was also not so dominant in 1929). Real estate etc and all assets that earn a declining return due to deflation will deflate as well. This would be a yet again unprecedented phenomenon, born of New Ec.
Why not?
I am afraid.
Chugs, Jay
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