X-Message-Number: 12736
Date: Sat, 06 Nov 1999 19:45:22 -0500
From: david pizer <>
Subject: Re: CryoNet #12708 - #12717

Not to worry!

>Message #12711
>From: "john grigg" <>
>Subject: The coming major depression of 2008!
>Date: Thu, 04 Nov 1999 14:42:43 PST
>
>Hello everyone,
>
>George H. Smith wrote;
>>The most successful modern prognosticator of the stock market >remains 
>>Harry Dent (The Roaring 2000's is his most recent offering). >For about 20 
>>yearshe has successfully outlined most major trends in >economics by 
>>gauging theinfluence of population demographics.  He >expects the DOW to 
>>expand to 35,000 by 2008, followed by our deepest >depression in 200 years.
>
>Our deepest depression in two-centuries!  Please explain this scenario and 
>how it could be avoided.  You have me scared!  I see my life really being 
>good by then and I don't need a worse then the 30's economic depression to 
>ruin it.  Should I be stockpiling food, medicine and water?
>
>thanks,
>
>John Grigg

I recently started learning and investing in the futures markets.  The
early basic feelings are to go long (bet that things are going to go up).

But what is really interesting is that you can make just as much money in
going short (betting that things will go down.).

So, IF you are confident that the stock market will go down, there are
futures on several stock market indexes that you can short.  If there is
the biggest depression in 200 years and you position your money right  a
few hundred thousand dollars might make you billions (you parlay your
equity as the item moves in your direction and your equity positions
increase).  Even a few thousand dollars might make you millions.

If we do have this big depression, a million might be worth a million again.

You don't have to risk a lot to make a lot of money if you can predict
which way things are heading.

Dave

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