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


To: TobagoJack who wrote (70810)12/5/2008 10:05:37 PM
From: Maurice Winn2 Recommendations  Read Replies (1) | Respond to of 74559
 
Ooops, you posted in the wrong stream TJ. I considered raiding ElM's zone during the window of opportunity he gave, but decided against it. He has quickly closed the window again, faster than Big Ben will close the discount window when it suits.

It's great to see QCOM down, again, some more and once for luck, because as with gold and your acquisition programme, it means I definitely don't have to think of selling and can acquire more at bargain prices before the big shift in financial relativity theory as stage 3 of the turbo rocket boost to hyper drive drops away, with a sag in acceleration, before the blasting power surge towards photonic velocity with the resultant change in time, and length of the monetary units to minuscule dimensions.

Some mistake the sag in acceleration as being deflationary.

I have an admission to make. I saw an advertisement in the business section of The New Zealand Herald for nzmint.co.nz which said gold is for sale. If they had a price there, with "Click here to buy", it is possible I would have swapped some NZ$ or US$ for that barbaric Aztec relic. They have some things for sale which are made of gold, but it was all too hard and no doubt expensive. My NZ$ and US$ will have to go to a better home, which is not going to be Money Heaven. But there was more than a glimmer of interest.

There still seems likely to be shopping opportunity for shares and other assets before photonic acceleration kicks in and shrinks said money as the event horizon nears and warp speed arrives for quantum tunneling to monetary reset at ground zero.

For QCOM, enjoying faster growth than China and nearly everything else [other than Zenbu of course], a P:E of 17 is not all bad, with dividends providing ongoing cash like Hawking radiation escaping the event horizon. It is annoying that Washington is confiscating large tranches of profits to give to General Motors, Ford, Citi and whoever else is in line with their hands out pleading poverty, but that's part of the price of doing business inside the chimpanzee cage with no bars between me and the chimps.

Mqurice