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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: RJA_ who wrote (78826)	2/9/2007 9:34:04 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 110194

LOL. when it comes to talking about money, you expect politeness? even LIG has that part right even if he's spewing cow fodder. no politeness. its a rule.

To: RJA_ who wrote (78826)	2/9/2007 9:39:07 PM
From: Broken_Clock	Read Replies (2) \| Respond to of 110194

Last winter I was driving from Southern Colorado up the back way to Gunnison. Late in the afternoon and heading from Creede towards a double pass south of Lake City. I think they run over 11,000' each. So we got to near white out conditions, hadn't seen a car in an hour nor a house. Wifey is near panic, "Back to Creede!", she kept yelling. I had seen some tracks in the snow so I was thinking, "No way I am back tracking all the way around...it's at least 10-12 hours." So we came up to an SUV heading to Creede and we stopped and asked the guy what's up. He says, "I was born in Colorado and I ain't driving through those passes. Those were my tracks you were following and I turned around." Cased closed. Back to Creede an hour back down the highway. Stubborn guy i am, I stopped at the cop shop to see if the passes were really passable. The point being, I wish i had videoed our encounter with the local sheriff and his 70 year old dispatcher. Too funny for words. Like something you'd see in Mayberry. Big bearded burly Sheriff politely suggested to my wife that we not waste time and just go through the passes. They even called Lake City sheriffs and gave them our info. Made plans that if we didn't call back to Creede in 2 hours they'd send a search party. The dispatcher told my wife, "Well, if you get stuck just stay there. These storms never last more'n a couple days. Ya got blankets don't ya?" She was something else. -g- Needless to say we made it through and saw just spectacular vistas at sunset as we cleared the passes and hit clear weather. Those folks in Creede were two of the nicest, most helpful people I ever met. I'm thinking LIG might have gotten different advice.

To: RJA_ who wrote (78826)	2/10/2007 12:33:12 AM
From: John Vosilla	Respond to of 110194

'Here in Colorado/Wyoming that kind of attitude just makes enemies...' I'd take Boulder or nearby burbs in a heartbeat over NJ or SoFla.. Not even close..

To: RJA_ who wrote (78826)	2/10/2007 5:15:32 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 110194

RJA, it's not that. Anybody who knows me or has had personal contact with me (incl. people on SI), know I'm a good guy. I have seen in my years that amateur investors very easily get married to a view and it affects their decision making process severely. A lot of people here are very invested in being bearish. They've been wrong for quite some time and I am sure many have lost money with the exception of the gold portion of their portfolios (which I happen to have been bullish on since 2001, documented on SI). I found the same thing happened in early 2000 when I became bearish on the market and I was criticized heavily then as well. Alternative points of view are not tolerated because it's an admission of their being wrong, which by human nature is a very difficult thing. The trick to being a good investor is admitting you are wrong or admitting you can be wrong. Based on that, clearly there aren't many good investors here. Being a good investor is a 1/10 proposition. So even statistically, it's impossible here for everyone to be right (unless this is the All Star message board, which it's not, believe me). I have admitted many times that I can be wrong. But it's all about assigning a probability to a specific sequence of events and then, to put it bluntly, place your bets. And one thing I'll never incorporate in my analysis are out of your ass figures on inflation, unemployment, growth and "manipulation". Because if the market doesn't use it, it's irrelevant. Do I get belligerent? Absolutely. Does it affect the way people perceive me? Absolutely. Do I care? No, because the market will do what it will do and so long as I am comfortable in my logic and figures, I'll make money (as will my firm). Best of luck, LIG