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


To: Condor who wrote (47548)3/19/2004 8:42:46 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
C, I think it may be time to get back to fundamentals, and to ignore every squiggle and twitch of the market on a day by day basis.

I mean, it is not as if we do not know what will, as in must, happen, eventually, at some point, in the market, in order for the imbalances to be squeezed out, leverage to be rung, and high valuation to be flushed.

So, therefore, I will now prepare my portfolio to be ready for the end of days, since there is no particular need to wait and see.

The magic words are ... "oil, gas, coal, platinum, gold, palladium, land", and the forbidden words are "debt, fiat, technology, consumer".

J



To: Condor who wrote (47548)3/19/2004 10:27:09 PM
From: Snowshoe  Respond to of 74559
 
#8: Small print leads to large risk.
#34: War is good for business.
#35: Peace is good for business.
#44: Never confuse wisdom with luck.
#59: Free advice is seldom cheap.
#177: Know your enemies... but do business with them always.
#285: No good deed ever goes unpunished.

-Ferengi Rules of Acquisition