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Re: WinLoseOrDraw post# 80051

Friday, 10/03/2008 5:21:10 PM

Friday, October 03, 2008 5:21:10 PM

Post# of 147353
WLD: but AAPL didn't have nearly as much cash in '02 as they have now... of course cash isn't as valuable as it was in '02 either... I'm still 25% cash, and although that is nice during these whackings, I don't like sitting on a pile of cash for long when I see the FED/Tsy. creating trillions of clownbucks out of thin air -- almost as fast as "money" disappeared of late as credit contracted so rapidly... M1 shot up this week, but doesn't seem to have blunted the deflationary pressures that much... we know the FED will do what they do best: print money and try to inflate...

Jim
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