Bob Dobbs wrote:

BDK wrote:

I'll roll the dice..

...and when you're tooling around town with that old '78 Safeway
lookin' fer cans, it's gonna get heavy but OTOH if you choose to divest
and collapse doesn't occur, you're gonna feel like a real fool.
Better hope those dice roll true ;-)

Should have divested last year and gone to cash or cash equivalents!

When the dust settles there will be a lot of money to be made. At the same time,
there is a lot of money to be made every day, and some folks are indeed doing it
even as the markets go down.

dxAce
Michigan
USA

Drake R7, R8, R8A and R8B
70' and 200' wires
I swear by, not at, Drake receivers.

And, as always, don't do business with The Huntington Investment Company.

dxAce wrote:

Should have divested last year and gone to cash or cash equivalents!

Probably the best solution, but not without its faults...

If you are in Money Market funds... two weeks ago one of the brokerage
houses declared a 'bank holiday' on their MM fund: said no withdrawals
for a week and then after that, they would give you 97 cents on the
dollar. That was only the opening round. I expect we will see worse than
that.

If you are in CDs or any other FDIC insured vehicle, once there are a
lot of bank failures, the FDIC won't have the actual cash on hand to pay
what they are insuring, will then crank up the printing presses and pay
us back in devalued dollars. And yes, this scenario will affect you even
if you have your cash in an old sock under the mattress -- it will be
devalued too.

As I type this (1130 UTC), the foreign markets have taken a big dump and
the 'futures' don't bode well for when our market opens in a few hours.
The Financial Feces are really hitting the fan.

Hang on boys and girls, we're in for a rough ride... :-(

Billy Burpelson wrote:

dxAce wrote:

Should have divested last year and gone to cash or cash equivalents!

Probably the best solution, but not without its faults...

If you are in Money Market funds... two weeks ago one of the brokerage
houses declared a 'bank holiday' on their MM fund: said no withdrawals
for a week and then after that, they would give you 97 cents on the
dollar. That was only the opening round. I expect we will see worse than
that.

If you are in CDs or any other FDIC insured vehicle, once there are a
lot of bank failures, the FDIC won't have the actual cash on hand to pay
what they are insuring, will then crank up the printing presses and pay
us back in devalued dollars. And yes, this scenario will affect you even
if you have your cash in an old sock under the mattress -- it will be
devalued too.

As I type this (1130 UTC), the foreign markets have taken a big dump and
the 'futures' don't bode well for when our market opens in a few hours.
The Financial Feces are really hitting the fan.

Hang on boys and girls, we're in for a rough ride... :-(

Buying Opportunity!

dxAce wrote:


Hang on boys and girls, we're in for a rough ride... :-(

Buying Opportunity!


You'll need a solvent currency to buy things.

In article 48ec6b9a.6036078@chupacabra,
says...
BDK wrote:

I'll roll the dice..

...and when you're tooling around town with that old '78 Safeway
lookin' fer cans, it's gonna get heavy but OTOH if you choose to divest
and collapse doesn't occur, you're gonna feel like a real fool.
Better hope those dice roll true ;-)



Wow, you're just the picture of sunshine, aren't you? The only thing
I've got in the market is one account, spread out over a bunch of
different funds and plans, it's not losing much so far, one side, the
energy stuff, has pretty much balanced it out, so it's not a big deal. I
have income from 3 sources and I'll get by Bob. My only real problem is
cash flow, and that should be solved, one way or another, pretty soon.


--
BDK

BDK Klan leader?
kOOk Magnet!
NJJ CLUB #1
Shillmaster

BDK wrote:
In article ,
says...
BDK wrote:



Mine has had a few problems, the most annoying of was due to the damn
crimped interconnects. I finally soldered them on and put deoxit on all
the plugs and it permanently cured it. I had a couple of bad solder
joints over the years, on the PS and one of the ribbon cable plugs.

The NVA-515 is a pretty worthless speaker, IMO, I got it just to have
the "set". I have a second one I bought at a hamfest, it's had the
actual speaker replaced with a really nice sounding speaker that sounds
very good, especially running off the line out, through a small car amp.

I hope I don't have to get too desperate money wise, and have to sell
one or more of my toys..

BDK.

I don't even like the sound of that. if it ever gets that bad,
the vultures, like radio-mart, will offer pennies on a dollar.
hope it doesn't come to that. and, if you ever want to part with
your 515, keep me in mind, and i'll make you a reasonable offer.
i just hope it never comes to this. i have "too many radios", but
i can't help myself. my city home looks like a radio museum. i
guess radio is my art.

Drifter...

Dave wrote:

dxAce wrote:


Hang on boys and girls, we're in for a rough ride... :-(

Buying Opportunity!


You'll need a solvent currency to buy things.

And you'll need a brain, 'tard boy!

In article 48eda6e3.2460687@chupacabra,
says...
BDK wrote:
My only real problem is
cash flow, and that should be solved, one way or another, pretty soon.

Be sure to run a spellchecker on that demand note before you deploy it,
so they won't think you're just another illiterate dummy like RHF and
DXarse and gonna **** away all that money at CCrane. g



LOL.
--
BDK

BDK Klan leader?
kOOk Magnet!
NJJ CLUB #1
Shillmaster