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Ace Hanlon

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Ace Hanlon

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Re: otraque post# 1553

Friday, 09/08/2006 4:53:13 PM

Friday, September 08, 2006 4:53:13 PM

Post# of 1599
Crosscurrrents reflects my own sentiments.

Right now it lools like traditional bear markets as as dead as the dodo -- or at least that will be the case as long as the powers that be can keep interest rates relatively low despite very substantial inflation -- much higher that the grossly distorted CPI.

Modest 5-10% corrections are as bad as it gets under this scenario.

UNTIL THE DAY OF RECKONING ARRIVES.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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