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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (20200)	5/5/2009 4:48:47 PM
From: axial	5 Recommendations Read Replies (3) \| Respond to of 71405

"The people who've become richest have done so by egregiously ripping off somebody, from the Internet mania schemes (go public and get out, claiming eyeballs are all that matters), sucking down obscene income from all sources while running a company either into the ground, or onto Indian ground, to sending toxic securities downstream while collecting outrageous fees, knowing all the while that the endgame will harm billions." That's a nice indictment, posted by many. Outrage is good. There are ripoffs, scams and hot-air balloons everywhere. Does it mean investors shouldn't use common sense? --- A man in a hot air balloon realised he was lost. He reduced his altitude and saw a man below. "Excuse me, but can you help me? I promised a friend I would meet him an hour ago but I don't know where I am," he said. The man below replied: "You are in a hot air balloon hovering approximately 30 ft above the ground. You are between 40 and 41 degrees North latitude and between 56 and 57 degrees West longitude." To which the balloonist replied, "You must be a broker." The man on the ground said: "I am, but how did you know?" The reply came from above: "Everything you told me is technically correct but I have no idea what to make of your information, and the fact is I'm still lost. Frankly, you've not been much help so far." The man below responded: "You must be an investor." The balloonist replied: "Yes, I am, but how did you know?" To which the man on the ground said: "You don't know where you are or where you are going. You have risen to your current position due to a large quantity of hot air. You made a promise which you have no idea how to keep and you expect me to solve your problem. The fact is, you are in exactly the same position you were in before we met, but now, somehow, it's my fault." --- Moral: No one else can tell you where you are, where you're going, or when you'll get there. They don't know; if they say they do, don't believe them. Trust no one. Many have information and really perceptive insights but it's up to you to make sense of it all. Bring a parachute, but remember it may not save you: you might have to jump over deep water. When it's all over, the answer lies in what remains, counted in dollars and cents. After the crooks, the lies, good luck, bad luck, smart moves and dumb mistakes you alone are responsible for the outcome of your financial decisions. Jim