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


To: TobagoJack who wrote (28086)1/21/2008 8:55:41 PM
From: Maurice Winn  Read Replies (1) | Respond to of 217548
 
Volatility is so much fun. It gives people a chance to buy sheep and sell deer many times. Quiescent markets with boring P:E ratios mean one might as well just invest and go to the beach.

Even I would have to think once or twice if gold is on offer at $500 or so. Even $550 would be a temptation. Which is where it is. I have US$ which I do not like having. But I like it a lot better than having NZ$ which is going to be a great deal of fun when the carry trade is over, Mrs Watanabe and $100 bn all try to sell their NZ$ to me at once while houses go on the auction block with no reserve in mortgagee sales.

Right now I am sitting in Remuera on my cute little Asus EeePC using my RoamAD Wi-Fi network installed and owned by Kordia and Sir Edmund Hillary's funeral cortege passed by a little while ago with the streets lined with NZers noting the passing of an era.

An era has indeed passed and 2008 will surely see a lot more come to an end than Sir Ed [NZ's most-admired person of all time]. He was a very nice bloke. Melissa [grandchildren's mother] as a girl went for a walk up to his house to meet him and collect an autograph. It feels sad.

I could watch the cortege approach on my Asus EeePC. It needs a Snapdragon QUALCOMM ASIC system to really come alive. That will come. As you say, there is a lot of infrastructure which needs replacement and the wireless world is heavily in need of development and upgrade. See how ElM is in East Timor not to plant sugar cane but to plant cyberphone towers. He says crops are great, but he earns his money in cyberspace. Judge people by their actions, not their words.

Mqurice