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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (25055)	10/7/1998 11:02:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Jake, Had to respond to this:Our government should say, "OK, we'll continue free trade, and we'll exchange your short-term debt for long, and forgive a lot of it, but you have to do two things: 1) adopt SEC accounting/reporting rules, and 2) dismantle your Ministry of Industrial Guidance And Patronage, and let the market decide where goods/labor/capital go." Only countries who don't agree to this should have trade barriers raised against them. Let's see, it's ok to use economic "blackmail" to "entice" competitor trade partners, but not ok to just limit (not stop) the flood of non-competitive priced products/goods at the expense of US companies and US taxpayers/workers. All I'm proposing is tariff protection to make the playing field even. Foreign import products would still come into the US but wouldn't put American workers/companies at risk with uncompetitive pricing advantage. Just my opinion, BB

To: Jacob Snyder who wrote (25055)	10/8/1998 12:58:00 AM
From: 16yearcycle	Read Replies (3) \| Respond to of 70976

Jacob, Aki, BB, Thanks for the comments BB. To any of you, I am too stupid to go to cash, even though I have been wrong up to now. I am smart enough to have no margin. I plan on leveraging in a big way at the first sign of stability, although I will have to have my finger on the trigger. I am CERTAIN that I will repeat the exercise a few times before I can relax for a few years again, and let things run. I think that the rally that begins as the financial system restructures, with interest rates at 1950's levels, and with the U.S. in a dominant position, will be awesome to behold. If anyone has any cash, BUY TOMORROW and forget about it. Dow 12,000 in 2002. Why bother waiting for 6400?

To: Jacob Snyder who wrote (25055)	10/8/1998 6:31:00 AM
From: Duker	Read Replies (1) \| Respond to of 70976

<<<1. Protectionism (in the U.S. and elsewhere) wins the political battle for "hearts and minds". The only result of this can be a spiral of reciprocal tariff raising, collapse of world trade, collapse of living standards, and a prolonged global depression. I hope we aren't stupid enough to repeat the mistakes of the 1930s. 2. Signs of inflation appear, while profits have not yet recovered. This would require the Fed to raise rates, even if this knowingly causes a recession. I find it hard to believe we're going to have a recession as long as the Fed is lowering rates. There is no historical precedent for that.>>> Using those parameter, you would have been 100% Cash or 50%long/50%short in the bottom of the 1980-81 market. --Duker

To: Jacob Snyder who wrote (25055)	10/8/1998 9:57:00 AM
From: akidron	Read Replies (1) \| Respond to of 70976

what we're talking about (behind the pretty calming words) is that we have to give the poor nations enough to breath... in other words redistribute wealth to create a market that has all but disappeared... it's not gonna happen over night. FYI I think that we are at the doorstep of a panic, the point where people say, damn... this shit jus' aint worth the misery and pull out of the market altogether,..... AND JUST SO YOU ALL ARE WARNED.... MOST LARGE HEDGE FUNDS WERE LONG ON THE $$$$$$$$$$$$$$$$$$$$$$$$$... big stuff like tiger.... WHAT"S GONNA HAPPEN WHEN THEY START TALLYING UP THEIR LOSES