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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: qdog who wrote (4886)	11/9/1997 4:21:00 PM
From: Sycamore	Read Replies (1) \| Respond to of 11888

Qdog, Hey, I'm appreciative for learning a lot. I find you to be a very intelligent man with varied in depth knowledge on a variety of subjects namely OIL and stock market. Sorry that the part I thought have already been deleted ("The World ending..") which I thought was unnecessary, still appeared at the bottom on my previous post. Believe me, that was unintentional. Anyway, I could see that your view of the world is sound, though I think with all due respect that it's a bit tilted to the very conservative side. And that's not a bad thing, either. We need balance. Nevertheles, I just don't see myself getting too concerned with the day to day fluctuation on the market, most especially the DOW or the NIKKEI in general. I take LONG TERM position on a company based on its fundamentals, past performance, future performance and analysts recommendations. While purchasing SHORT TERM positions (3-9 months) on an emerging company based on its speculative potential and analyst(s) recommendation. I'm the guy who couldn't care less about the DOW based on my belief that if it goes down, it will always comes back up with more. IT'S JUST A MATTER OF TIME. Being a bull all my life, just couldn't imagine for a moment that a 5 thrillion+ economy with an interest rate as low as it has been in the last 20 years, could follow a lead from developing countries that have yet to learn how to manage their own economies more equitably. Qdog, Zeev and Merryl Lynch could be right on this CALL, but let's see what Abby Cohen of Goldman Sachs has to say. As I understood it, ASIA is only less than 5% of the whole US economy. That probably explains why while the NIKKEI continues to slide, the DOW was busy challenging its new highs, year after year after year. So, IMHO, problems in Singapore, Thailand, Japan, etc., couldn't be that big deal. What, I will worry about is if that trend reverses its course and the recession starts here in the United States, instead. In my observation, irrespective of whether the DOW or the NIKKEI is up or down, people would still continue to smoke, continue to chew gums, continue to buy cars\gasoline and drive, continue to eat, continue to take medicine when they're sick; so really there's no big deal. I think the bottom line really is being with the right companies. Though I see the DOW's DOOM and GLOOM making an interesting conversation, I prefer to spend my energies researching those good companies that may affect my bottom line; both SHORT TERM and LONG TERM, irrespective of what happens to the DOW. I just don't like to worry too much. I want to live a lot longer you know. Take care Qdog! Sycamore