SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Devin123 who wrote (16220)4/14/2001 4:47:19 AM
From: Eurobum1  Read Replies (2) of 37746
 
Devin...Japanese effect...Sharck

I kept on kicking myself when I sold QCOM 3 years ago in 98 at 38 dollars a piece (pe splits)due to the last Asian shake-out. At that time I hold 3k QCOM with 15 calls.
Now if Japan is on the verge of collapsing, I think the consequences will be 10x more disastrous than the one that the market went thru in 98. With the present global economic situation, there is little hope that USA can do much to prevent another worldwide Tsunami. Or maybe USA just want to let it happens so all the tycoons could buy out 50% of Japan at discount price (domo aligato). They did it with the Koreans.
That's why I told my friends that the manipulation of this market this week is very cruel. Out there They know how bad things are right now but it doesn't stop them to push the market higher. The day the Hiroshima time bomb expires we will see a worldwide financial panic and the effect will be very long term.
Maybe I sound like dramatic or extreme bearish but that scenario could become a reality anytime. The only thing that
holding the Japs not to devaluate the Yen yet is to "save their face".
Sharck San, what is your view on that one?. You're the expert in this Sushi land.
In the mean time, we just trade in and out with the flow but I need help from someone on this thread to enlighten me the way to survive when all hell break loose...Thank you.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext