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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (3991)	2/4/2006 12:44:35 PM
From: Slagle	Read Replies (1) \| Respond to of 217705

TobagoJack, Isn't that incredible and with the usual backdrop of coup threats and corruption at the top, like President Arroyo's hubby having to go into "exile" not long ago. Think about this: back in the mid 1990's the Philippine Stock Index peaked at nearly 4000. After Estrada it fell to under 1000 and has recovered to around 2100 now. But back at the peak the peso was worth nearly twice what it is now so that would be like a fall from 8000 to 2000. EVEN WORSE. That does not take into account the loss in purchasing power of the US dollar over that ten year period, which in real terms is considerable. Slagle

To: TobagoJack who wrote (3991)	2/6/2006 4:48:42 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217705

Uncle Al KBE went out on a high note, with more Happy Meals added to my USD returns. Now 4.5%, which is better than a poke in the eye with a burnt stick. NZD refuses to accept gravitational forces. But sitting comfortably here in a Mount Maunganui mall on yet another fantastic day, following our national holiday celebrating the deal between Maoris and Queen Victoria, I can see swarms of happy people bustling about, enjoying their spending power [as provided by Japanese housewives at 7% interest rates] while their houses have continued to rise rapidly in value, [leveraged with said Japanese loans]. The farmers are starting to bleat as loudly as their sheep and oinking as they fail to bring home the bacon from overseas markets for wool, lamb, beef, milk, fish, trees, paper, kiwifruit and other agricultural entitlements. Sitting in the citadel things look good. We will see how good as winter encroaches. Many thanks to Uncle Al KBE for decades and centuries of service to my financial well-being. It was a well-earned accolade from my sovereign. Cheap too! Now, bring on Big Ben. We will see for whom the bell tolls. Meanwhile, the CDMA toll-gates to cyberspace are ringing like crazy and they toll for me. Mqurice