To: Lucretius who wrote (41557 ) 5/12/1998 3:31:00 PM From: JRI Read Replies (3) | Respond to of 176387
<<Semi-OT>> <<This isn't a pissing contest>> I think we would all agree that we are here to increase our own ROI. (Companionship being 2nd)....if you recall, you were the one who originally brought up the fact that the XAU had beaten the S&P 500 to date (as of two weeks ago)....I am following up on your logic stream.....if you do not wish to justify your current position based on past returns (which doesnt make too much sense anyway.....as you know, we should only be looking forward)...I submit that long gold and long Japan (along with Put Leaps on Dell) are certainly not the best choice vis-a-vis investing long in Dell, or investing in other available opportunities.....this has been the case since the beginning of the year, also since you entered the thread, also in the last two weeks, and this trend will continue in the future (based on the reasons I have listed in my past two posts to you). Let the race continue! Note to E. Kim: I (and I think most) disagree with your comment that we do not need to be civil to each other.....We do need to maintain some sense of civility and limit the name calling and wasted posts on the thread... <<These are both L-T plays>> Gold- a long-term play? I really can't think of any major investor who would agree with you.......... <<Don't worry if you don't understand.>> I understand perfectly. Being contrarian for the sake of being contrarian is a losing investment strategy. Being contrarian solely on the basis of a(ny) market being down 5, 10, 15 consecutive years in a row is a losing investment strategy. Why dont you go talk to Bob Prechter? <<Your mentality falls in w/ 90% of the US public that will be handed big fat losses.>> You really don't read my posts, do you? Can 90% of the U.S. public pick apart your investment strategy so effectively as me? (sorry, that was grandiose, getting tired this afternoon).... Asia is a mess, and is long from over. Japan will be hit the hardest, and it is still to come...........Ironically, Greenspan will probably delay raising rates because of Asia's problems! Oh, as I type, Asian worries are boosting the U.S. bond market, and, subsequently the U.S. stock market........If there is going to be a doomsday, get ready to build that shelter in Japan.........before you keep averaging down, why do you ask yourself again, "Arent I (at least 1 year, probably many more years) early on Japan". In the coming time, Japanese investors will be opening the door for you, as they take their money to the U.S. and Europe...major asset inflation taking place......and you'll be carrying the bags on the way down. Good luck. Hope I'm wrong on Japan.....know I'm right on Dell.