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To: craig crawford who wrote (12605)	12/20/1997 3:31:00 AM
From: uu	Read Replies (1) \| Respond to of 45548

Craig: > Oh, really? So if we all listened to Jimmy and shorted Hong Kong a few thousand points ago we'd all be in the poorhouse? Well, you would have! Because at the same time he was pushing for everyone to short US bonds (when the 30 year yeild was at 7%! He, as I recall in his own words stated "There is no way in my life time that we see the 30 year bond at 6%", and in fact he practically put his life on the line that the the yeild will be at 8% or higher by October/November time frame (of the year 1997)!!! And besides I do not recall him stating to short Hong Kong until after the HangSang market had dropped to under the 11000 level (where it currently is and most likely will be the bottom)! Anyway, you seem to have some sort of fascination with Jimmy The Rodgers! Your opinion is very well respected. However I suggest you follow this guy a bit more closely before making such statements! I, relutantly and regretfully, have to see and listen to him every Friday morning on CNBC since I watch CNBC's SquawkBox show every day! regards, Addi Jamshidi

To: craig crawford who wrote (12605)	12/20/1997 5:00:00 PM
From: Beachbumm	Read Replies (1) \| Respond to of 45548

Well, you know, that stopped clock will be right twice a day. But I will say that I think Addi is wrong about Stagflation Jimmy's short of Hong Kong. I'm pretty sure he was short it long before it hit 11,000 so he probably made some good money. I think he has now covered it if I recall correctly. It was a good bet but not a brilliant one. The stock market there was at a record, the property market was in bubble state, and, oh by the way, did I tell you that tomorrow we will be Communist? But Addi is right about Jimmy not eating humble pie very well. Take Buffett and his USAir preferred. Have you read his letter to shareholders? It's surely the measure of the man. He eats large helpings of crow and writes with great humor about how he twice tried to snatch defeat from the jaws of victory by trying to sell his not-so-beloved preferred. Of course, the writeoff proved premature. I won't pick on Jimmy any more. I don't really care about him. Now, don't tell me you're a devotee of Jim Grant. Beachbumm