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


To: TobagoJack who wrote (4838)3/14/2006 2:11:55 AM
From: Snowshoe  Read Replies (1) | Respond to of 217734
 
TJ, lighten up. Mq is getting a good deal on some replacement wallpaper for the ratty old Globalstar stuff! :-)



To: TobagoJack who wrote (4838)3/15/2006 4:31:37 AM
From: energyplay  Read Replies (1) | Respond to of 217734
 
I think USD devaluation is on hold until after Japan's fiscal year ends March 31. Bernancke FED meets March 28 I think. After that is the run up to US income tax on April 17.

After that, it could be a little safer to invest.

I am carrying more cash, but still getting bounced around a lot.

****************

This investing environment reminds me that one time I was in turbo prop (yes, Brazillian) traveling from Miami to Tampa with a guy who used to work for the Federal Aviation Administration, but was now with a tech company.

This was mid afternoon in the summer when the thunderstorms would come up. About 15 minutes into the flight, we were bouncing around pretty good, so I said it seemed a bit rough.

The former FAA guy said that wasn't too bad.

Then the trubulance got worse, air speed came back a bit, then after a few minutes, it got a bit rougher, with a near zero-g event about once every minute.

He started looking a bit concerned at this point.

I asked him how he had come to work for the FAA, and he said he used to work for an airline.

Which one ? I asked.

Air America, he said.

I was quiet after that, knowing it would not be too cool to ask more questions - since Air America was the well known CIA airline (also major motion picutre).

My quiet wasn't unexpected, since the turbulence was getting even worse, with the plane banking as much a 15-20 degrees as we flew through the micro cells or whatever.

He then said, "This isn't good". He said it in that calm, matter of fact tone that doctors use when discussion certain biopsy results.

I found this VERY disconcerting - If he was concerned, I should be scared witless...

We started getting some pitching motions also, and I was wondering if the plane would lose directional control or something would break off first...

At this point I started getting that sinking feeling in the pit of my stomach, and started trying to remember the Lord's Prayer.

After a few more loud thawks, and the creaking from the airframe, the pilots took us down to about 3000-4000 feet to get out of the turbulence, and the rest of the trip was just moderately worse than normal bouncing.

*****

I am sure there is a useful and clever investing moral to this story.

But all I can think of now is keep some cash and try not to puke.