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Excellent Analysis / More Later

Alex:

This is an excellent analysis and I agree with almost all of it.

I will respond / react, on a few of the points, later this afternoon or this evening.

Jeff

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

: I remmeber one year ago, when Abel ask me why I sell so many
: watches: now I think you know as I sold at the top peak of the
: market, facing the recession (you know I have a different
: opinion: depression). Also it was not wrong to set my stock
: money over to krügerrand (June 2007´) for the same reason: My
: wife said I am too much into amagedon: but now she also sees the
: problems :-)

: I have learned three things now about the sifferts:

: - never sell them
: - the best watch to do watch trades
: - most wanted

: So whilst "normal autavias lost upto 50% now, the siffert lost
: about 20%.

: I also think if you buy most of them, you wiill shorten market a
: lot: so price will increase: and thats what ai see.

: However i also belive we will see times, that watches getting more
: cheap: may be people will not buy at all. So the good thing is I
: collected 60% of the siffert from a time where they are sold at
: 1500-2000 euro: so even in a wrost acse scenario you still run
: them in a plus.

: For the rest I have my eye now on very specific breitlings like the
: GMT, LCD, LED, yachting and superocean. So regualr is outr: pick
: on the scarest and grab all of them is the rule.

: Hope this is enough info: do you have an opinion too Jeff?

: rgds
: Alex

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