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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (9231)	4/2/2008 1:22:11 PM
From: Stoctrash	Read Replies (1) \| Respond to of 33421

Very good...thanks for your thoughts and insight. <<There's nothing to press. We're in a period much like that which occurred after the Panic of 1907. Until 1916 the environment could only be described as "dismal".>> So basically, unless other major steps are taken - this whole credit bubble issue meanders for a say 1-3 more years. I use this time frame since with the info-age things happen much faster today than they did 100 years ago. Fair to say? <<Not a desirable path at all, but a necessary one. It can't be a fix that drags on and on. The only thing that alleviates that possibility is if Congress gets out of the way and lets free market capitalism operate. That won't happen. In Congress' view( the 'crat view) it's better to chase after and punish the wealthy than it is to stimulate the economy. It is only letting people do business unimpaired that will resolve this financial crisis.>> Why can't some of it happen? New office, new plans, new dudes and maybe a chick @ 1600 Penn Ave? Change is one thing constant in the World no matter what topic your on. Are you that pessimistic because you know "much too much" of this game? I'm trying to figure your LT thoughts and motives. Are you planning on running for office or waiting for financial dooms day in the USA? Don't take that as an insult..it's actually a very nice compliment. I reread some of your old postings a few days ago...you know your financial shit. That's a compliment too!! <GG> (brown noser!! LOL) fwiw...I do think going to 100% cash is quite possible, ie cut the loss and move on. My stops are now GTC.(Financial lesson #4 and #3,356 - don't leave for a meeting w/out GTC stops for when, not IF you are wrong.) Staying in cash is not; nothing ventured - nothing gained. I am not all knowing, but I consider myself insightful enough and smart enough to prosper in the long run in the art for preservation of capital. Too many people do the boom-bust thing, then do it again and again. Read any book about those investment gurus - where are most of them now?...I just want to doink along my little road and not get too stupid :-), though little bits of "stupid" are a sure thing in life.

To: ahhaha who wrote (9231)	4/2/2008 2:38:00 PM
From: Stoctrash	Read Replies (2) \| Respond to of 33421

<<The dollar walks randomly for all relevant money making purposes. The long term down trend is perfectly in line with randomness. So would an abrupt reversal to the upside be consistent with randomness.>> I know you don't like TA, but check this out. I only use it because it is a chart of Price without a lot of noise. After all Price is the The Ultimate Indicator. stockcharts.com[PA][D][F1!3!!!4!20]&pref=G The dollar is and has been in a long downtrend...going down and down. I can't seem to understand the randomness here. Crat's & Do-good-ers, FED and AG made the fundamental bed...now this shows fundamentals prevailed, like they do in the long run. IMHO, there was nothing random about the eventual LT decline. No? On a side note...what do you think of OIL and how it relates to the America's our situation ? IMHO the ME has us Ass high and bent over the "Barrel" with a half-nelson arm bar just for good measure. One ME oil guy said it best a few weeks ago on CNBS and it went something like this: "The USA only asks "when and where the price will be?"....while China and others only ask "how much can you get us?" I thought the comment rang so telling.