cycles, geographic dominance, credit derivatives...

[scalf]

[img]/images/graemlins/smile.gif[/img]got lucky on one stock...hey, i'm an expert now...

for those involved/interested in bonds/credit/interest rates....; i would strongly suggest tavakoli's "credit derivatives and synthetic structure."....almost (for me) like epstein's "gambling and statistical logic"...a lot there...but not sure if i really understand it. take home message: large corp.s/banks do take huge risks in credit derivative markets...oh, yes, they do...lol.. [img]/images/graemlins/grin.gif[/img]

globally, u.s. is about where britain was in 1930's....major economic force sinking....i feel that cucle is occurring where asia/pacific is coming into forefront:...hey, seriously, don't the japanese build better cars, even in the u.s.???..lol...what about electronics/tv's...lol...gety real......u.s. is fat/lazy/ over litiginous/ socialist state....in next ten years...progression to dominance goes to yellow/brown...

commodities will become more important/more effective wealth builders.....u.s. stocks stagnate/sink...

well; my fifteen moments over...belch...

dom tastes good even warm the next moerning...lol...gl [img]/images/graemlins/smirk.gif[/img] [img]/images/graemlins/wink.gif[/img] [img]/images/graemlins/diamond.gif[/img]