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To: dwight vickers who wrote (24354)11/19/1998 11:51:00 AM
From: EPS  Read Replies (1) | Respond to of 42771
 
Dwight,

Thanks. I know.

I have done my share of mistakes too*. Otherwise would not be here talking to you. This is exactly how I felt when Fiondella posted that he was following the lead of Warren Buffett... the results we all know.. (Warren is doing great as usual, down 15% this quarter though). I have two objections to Paul. #1 are his manners! Name calling and to try to diminish an opponent by insulting him/her does not make your argument better. He is prone to call everyone else an *idiot* while at same time publicly making a fool of himself making wrong calls with alarming frequency. Secondly the arguments and scenarios here are probabilistic in nature. It is a question of managing risk (at the risk of sounding like one of those infamous Bond Traders..)..Thus it would be better if he sounded less sure of what he is saying than he normally does..Hedging this way he will sound more reasonable, IMHO.

Yes, Europe is now following the lead of Greenspan, Germany will also, eventually.. I also think that there is a good chance of Japan improving soon. I hope that by January they will have a credible tax cut proposal for the diet to approve..

Take care, the time for gold will came.. I note that you were right in calling the deflationary dangers well before anyone else in this thread, or other threads in fact.

Regards

Victor
*MSQMT?????