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


To: pezz who wrote (7185)6/13/2006 5:22:52 PM
From: TobagoJack  Respond to of 218847
 
I think the thoughts are sound

I will likely follow through, because of the fundamentals of the target in question, at least turn another few corners



To: pezz who wrote (7185)6/13/2006 6:13:32 PM
From: TobagoJack  Respond to of 218847
 
Hello Pezz, the forex/equity drubbing and a mark-to-below market of physical pm has sent my YTD NAV gain to 9.34% from high watermark of 14.odd % ... frigntening yes, sobering of course, but, so far so so, still, but @#$!$) ouch.

The emerging market has so far been pound much much more than the nyse/nasdaq.

Actually, in comparison, the US markets has hardly moved at all.

So, either the center will hold ... this time, or the big event of unnusual size is still ahead of us.

The folks, in aggregate, do not seem to be concerned about inflation, as gold is down, t-bills are up, and resources are down, if not nearly out;

The folks, in aggregate, are afraid of something else, perhaps drip feeds of 25 basis points every 30 days, perhaps anticipating a housing collapse that will put us into a depression ... which of the two, but it ain't inflation that is the worry;

The folks in aggregate loves inflation; and

So, stepping back, and let us watch to see what Bernanke is made of.

That be the big picture through the crimson mist.

The little screen is showing the leveraged crowds running for their lives, retreating into the comfort of homeland currency, but leaving much goodies behind in the hasty retreat.

Chugs, J