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

To: Maurice Winn who wrote (58569)	1/9/2005 9:14:35 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Time! Time! Time! Time is the essence of the matter! The arrow of time points, inexorably, in a certain direction. In the interim period, there will be ups and downs, but the inevitable is going to happen because the arrow of time is pointing into that direction. Give you an example of earth temperature, we are moving towards a glaciation and there is nothing we could do about it. In the interim, we would be passing through a certain century of cooling periods, then it warms up a bit and we get a century of warm period. Looking to this specific and isolated century we see, that it's been warming up, but looking ahead, it will go down and it will be cooler and it will freeze. Looking to numbers in a week-by-week or month-by-month basis doesn't show the overall trend. Only you look to the whole string of months against the canvas of what is going on outside, the meaning is revealed. World-size armed forces -as exemplified by the USSR and US- are a 20th Century thing. It is never going to happen again. They had their heyday but they are on the vane. Owners of those artefacts of yore, long for the days they ruled the waves and few a psychological need for them not to disappear. But there's nothing that can be done about their phase-out. In 20 years I will be visiting US ships docked in the US coast like I visited the Pampanito in San Francisco. Just as a floating museum of past era.