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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: John Pitera who wrote (105480)6/4/2001 12:20:58 PM
From: oldirtybastard  Read Replies (1) of 436258
 
We know it's the foreigners who are net buyers of Japanese equities and so the question is.....what kind of idiot buys a trashed economy with a trashed equity climate and an equally dubious outlook for the currency with earlier year projections for $/Yen of 150 and higher????

like you said either a true contrarian move or maybe all the worlds containers are full but there's still a hell of a lot of liquid that needs to go fill something:

biz.yahoo.com

BTW, did you see Maria Blahtiromo interviewing Jimmy Rogers this weekend? He said he is still very long US equities but thinking about selling, as in "sell in may and go away"
So I wonder what he's really doing, since he also said he covered most of his shorts in november thus missing the meat of the move down
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