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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (70182)	8/13/2008 10:27:09 PM
From: Maurice Winn	Respond to of 74559

Uncle Al KBE was great as Fed Head. It's just the Zombies who whine that they borrowed too much and loaned too much. You can lead horses to water, but you can't make them think. Fannie and Freddie are privately owned. I don't see why I should hire regulators to tell them how to lend money to people so that the shareholders and their creditors don't lose their money. If people want to borrow money and others want to lend it, they are welcome to each other. Mqurice

To: carranza2 who wrote (70182)	8/14/2008 5:56:30 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 74559

C2, I shorted another $20 million of SKF at $26 early today, but the fun has gone out of it now that Zim the Amazing is no longer here. TJ probably missed my trades so like a tree growing or being flattened in a Tunguska blast, or one hand clapping, or a Shroedinger cat alive in a box, if nobody notices, it's a bit pointless. So that will be my last trade [on SKF] other than covering the shorts at some stage under $100, or maybe $80. Also, I've sold the Citation because I find it easier, faster, more pleasant, and more fun to travel first class on regular airliners. Did you notice the umpty$billion China 3G development planned for China? I doubt it will be TD-SCDMA though the article didn't say. My grandfather was instrumental in getting the oil industry going in Dalian/Shanghai before the carnage from WWI in Europe, Japan's invasion and Mao's maelstrom. TJ's grandfather was instrumental in getting Britain kicked out, which helped create a vacuum for Japan to fill, which they did, before the USA booted them out. A century later, take two. Let's hope China does better this century than last century. Their trend is good in many respects, economic development [capitalist black and white cats with 1000s of them blooming] though worrying in others [lack of personal freedom and fascism]. They have the nearest thing on Earth to my dream machine = the super duper floaty train from Shanghai's airport to Shanghai. youtube.com A funny video worth watching for the guy saluting, the stirring music, superficial characters etc - kind of like a digital Olympic Games. But you do see the train. Imagine that thing on superconductor levitation and autopilot heading from Tokyo via Beijing to Marseille and London maybe via Moscow. Preferably in a partial vacuum tube, with photovoltaic panels on top of the tube to provide the electricity. Then imagine single or two passenger units zipping around cities at high speed. No drivers of course - all done photo/electronically with QCOM SnapTrack etc. No traffic lights or congestion. Unfortunately, in NZ, "progressive" thinking is to force people out of cars onto 19th century railways with big train stations and mass transport, which is the opposite of what's needed. Mqurice

To: carranza2 who wrote (70182)	8/26/2008 3:49:44 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

C2, unfortunately my last $20 million short of SKF at $126 is financially taking on water with SKF at $131. So I have shorted another $40 million of it at $131 to "average up". I hope Zim the Amazing is following my trades so he can profit from them. Mqurice

To: carranza2 who wrote (70182)	9/2/2008 10:24:45 AM
From: Maurice Winn	1 Recommendation Read Replies (2) \| Respond to of 74559

<SKF 9:42AM ET 109.09 Down 7.60 Down 6.51% 2,878,108> Today covered my $131 short of $40 million at just over $109. I was going to cover the other $20 million [sold at $126] but I'm moving the market upwards too much. Will wait to see the whites of some more terrified SKF fan club members as they realize that financial relativity theory doesn't in fact say that the US$ is DOA and that it is a no-brainer to back SKF against Big Ben's current power and Uncle Al KBE's amazing legacy. Fighting the Fed is financial fun but hazardous to health. There's always another swarm of financial bunnies to learn the eternal verities of Virtuous Victorian Values. I should be able to cover the other $20 million under $100 within a week [or a day]. Zim the Amazing used to dabble in trivial amounts. Admittedly my tranche-size pifflings at $60 million here and there is not in the Buffett league, but it's good pocket money, even for me. It's ill bred to boast for idle fun other than in these match-stick size poker stakes, so I hope nobody mistakes these idle speculations as being serious money. It's just for fun with play money, so people shouldn't copy these trades thinking I have done brainer analysis worth backing. I am NOT offering my usual double your money back guarantee on SKF bets. Mqurice