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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Libbyt who wrote (22648)	12/31/2004 1:38:30 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 23153

Libby et al, Thank you and everyone for your informative posts, comments and questions in 2004. I hope we can move forward into 2005 and continue to learn and share information. Since it won't be an election year, with a little luck and effort we can put market and individual stock issues to the forefront. The disaster in southeast Asia seems to be cresting, just like the waves and will soon pull back and show the final extent of its destruction. For us this has been particularly difficult since our son took the Christmas holiday to visit southeast Asia. He's currently in Cambodia which has been spared any of the effects, but just like 9/11, the effect of global media causes us to feel it as if we were there and immediately want to call family members closer to the nest. When I hear from my son, though, he's apparently (in Angkor Wat) observing the disaster via media (newspapers, television, internet) in the same way we are. In all events, now is the time to pull back, reflect, atone where necessary, review, analyze the year's events, and resolve to continue good policies and procedures and to tweak and alter "improve-able" policies and procedures for 2005. Most of these will, of course, for the purposes of this revised thread be investment/trading policies, but one should not neglect the journey of the soul as well. One thing I have learned from this year's political processes is the extent to which political parties and the media toy with voters' ideas and emotions. The clearest example which comes to mind (there are many, of course) is the canard about Bush's "secret plan" to reinstitute the draft, in hopes of scaring up enough of the mothers and youth vote to turn him out of office. There ought to be an accounting, some sort of public hearing on the many outrageous and irresponsible lies which the parties use on their "base" to mobilize. Close elections seem to bring out the worst. I'm looking forward to 2005. The economy and the markets right now are indicating generally good things for traders on the long side going forward. Kb