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


To: TobagoJack who wrote (5882)4/28/2006 10:19:12 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 218107
 
Warren Buffett said the final word about short selling. Even when you are absolutely right and the company is garbage, your patience may be painfully tried when ignorant people's buying pushes the price far beyond your expectations. Something to that effect. We underestimate the insanity and stupidity of Mr. Market. And there is always my point, inflation pushes up the price of paper clips, horse manure, whatever. Whenever one sells short one is gambling AGAINST inflation.
Short selling makes particularly little sense when one is a proven expert at practically everything else.
Chugs.



To: TobagoJack who wrote (5882)4/28/2006 4:20:42 PM
From: Maurice Winn  Read Replies (2) | Respond to of 218107
 
TJ, With gold going to $656, that would have a soothing effect on memory of your Google short.

Quarries are very much in vogue now. I suppose people are thinking that 6 billion people are going to need a LOT of moai, gold, TIE, ICE, oil, coal, steel and serium.

I see Big Ben throwing in the towel instead of beating the Aztecs in the manner to which they should become accustomed. nysun.com

Also, Japan is to swing some large amount of money into commodities [though I now can't find the link in news somewhere] investments.

I should check out cerium investments. A solid state physicist in Antwerp [who was our neighbour in the 1980s] was working on cerium and he thought it was really cool [not his way of speaking]. That was 1999 during a visit there. I haven't followed up. Would you like to be my bird dog and point me to investments in it [you can front run me as a commission - but please don't spoil the market with mighty wallops of investment ahead of me]? I suppose I shouldn't be lazy and should get Google on the hunt. Google outsmarted you, so I suppose they can do it again.

I'm certainly not averse to commodities as we are still very much part of the material world and our dunnies block and freezers fail.

Mqurice

PS: Sure enough, Google can take me from 0 to 100mph in 2 seconds with continued acceleration up to brain overload in minutes: webelements.com