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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Ken Katz who wrote (293)2/22/1999 1:54:00 AM
From: Uncle Frank   of 54805
 
>>I am getting very concern looking at Japanese stockmarket. 10 years of straight decline -- What if the US stockmarket is at the beginning of such development?

Ken, Terrible thoughts to go to sleep on. There are a lot of differences between the US and the Japanese markets and economies. There is blatant manipulation over there - have you read the news stories about the deals uncovered between the Yakuza (Japanese Mafia) and a couple of their biggest brokerage houses? We have a much better regulated system in the USA. And despite the Nikkei problems, the Japanese have lived well over those 10 years, and if it happens here, we will find a way to do so, too.

There is an expression in Japanese - shitaka genai, that translates to don't worry about things you can't change. Loosely interpreted, it's their equivalent of s@%# happens.

Oyasumi nasai, Ken san,
Frank
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